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8. [-11.66 Paints] DETAILS MY NOTES PRACTICE ANOTHER The cost, in millions ofdollars, of building a threesstory high school in New York state was estimated
8. [-11.66 Paints] DETAILS MY NOTES PRACTICE ANOTHER The cost, in millions ofdollars, of building a threesstory high school in New York state was estimated to be C(x) : 2.2 + max (Lemur2 (20 s x g 400) where): is the number cfthcusahds of square feet. suppose that you are contemplating building a forrprnt threerstnry high school and estimate that your total revenue will he $0.22 million dollars per thousand square feet. what is the prot lunctlon (in millions of dollars)? PM = what size school should you build in order to break even? (Raurld your answer to 3 decimal places.) 9. [11.66 Points] DETAILS MY NOTES PRACTICE ANOTHER wilderness Fanatiz, a manufacturer of outdoor goods, is willing to supply it kayaks per month when the price is p = a 3x + 427 . Through research the company has determined that the monthly pricedeman function for x kayaks is p = 70.35)\" + 472.5 . Find the equilibrium point. equilibrium price : $ \\:| equilibrium quantity : \\:| kayaks 10. [-11.66 Points] PRACTICE ANOTHER wilderness Fanac, a manufacturer of outdoor goods, is willing to supply mm of its Blue Thrash tandem kayaks when the price per kayak is set at $434. If the price per kayak is reduced by $75, wilderness Fanatic will supply 525 fewer kayaks. (a) Determine the supply equation forthis product, assuming price, p, and quantity, x, are linearly related. p: (b) Determine the price per kayak when wilderness Fanatic is wllling to supply 1170 units. as \\:I per a
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