I need help with all the parts of question 10
Firefox File Edit View History Bookmarks Tools Window 90% . Thu 11:45:32 PM Q = . . . "A HW 2.3 - Linear Models for Busin X C A Group Of Retailers Will Buy 80 X * Course Hero X https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=24037974 =] ... > 10. [-/0.47 Points] DETAILS 0/30 Submissions Used MY NOTES Extreme Protection, Inc. manufactures helmets for skiing and snowboarding. The fixed costs for one model of helmet are $7100 per month. Materials and labor for each helmet of this model are $35, and the company sells this helmet to dealers for $65 each. (Let x represent the number of helmets sold. Let C, R, and P be measured in dollars.) (a) For this helmet, write the function for monthly total costs C(x). C (x ) = (b) Write the function for total revenue R(x). R(X) = (c) Write the function for profit P(x). P(x) = (d) Find C(200). C(200) = Interpret C(200). For each $1 increase in cost this many more helmets can be produced. O When this many helmets are produced the cost is $200. This is the cost (in dollars) of producing 200 helmets. For every additional helmet produced the cost increases by this much. JUL 34 2 WE W WEFirefox File Edit View History Bookmarks Tools Window Help 90% . Thu 11:45:40 PM Q = . . . A HW 2.3 - Linear Models for Busin X C A Group Of Retailers Will Buy 80 X * Course Hero X https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=24037974 B ... LI DOE This is the cost (in dollars) of producing 200 helmets. For every additional helmet produced the cost increases by this much. Find R(200). R(200) = Interpret R(200). O When this many helmets are produced the revenue generated is $200. This is the revenue (in dollars) generated from the sale of 200 helmets. For every additional helmet produced the revenue generated increases by this much. For each $1 increase in revenue this many more helmets can be produced. Find P(200). P(200) = Interpret P(200). This is the profit (in dollars) when 200 helmets are sold, but since it is negative it means that the company loses money when 200 helmets are sold. For each additional helmet sold the profit (in dollars) increases by this much, but since it is negative it means that the company needs to decrease the number of helmets sold in order to make a profit. O For each additional helmet sold the profit (in dollars) increases by this much, but since it is positive it means that the company is producing too many helmets. This is the profit (in dollars) when 200 helmets are sold, and since it is positive it means that the company makes money when 200 helmets are sold. (e) Find C(300). C(300) = Interpret C(300). JUL 2 AS 34 WE WEFirefox File Edit View History Bookmarks Tools Window Help 90% . Thu 11:45:45 PM Q = . .. A HW 2.3 - Linear Models for Busin X C A Group Of Retailers Will Buy 80 X * Course Hero X A https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=24037974 =] ... LI DOE Interpret C(300). For each $1 increase in cost this many more helmets can be produced. For every additional helmet produced the cost increases by this much. This is the cost (in dollars) of producing 300 helmets. When this many helmets are produced the cost is $300. Find R(300). R(300) = Interpret R(300). O When this many helmets are produced the revenue generated is $300. For each $1 increase in revenue this many more helmets can be produced. This is the revenue (in dollars) generated from the sale of 300 helmets. For every additional helmet produced the revenue generated increases by this much. Find P(300). P(300) = Interpret P(300). For each additional helmet sold the profit (in dollars) increases by this much, but since it is negative it means that the company needs to decrease the number of helmets sold in order to make a profit. For each additional helmet sold the profit (in dollars) increases by this much, but since it is positive it means that the company is producing too many helmets. This is the profit (in dollars) when 300 helmets are sold, and since it is positive it means that the company makes money when 300 helmets are sold. This is the profit (in dollars) when 300 helmets are sold, but since it is negative it means that the company loses money when 300 helmets are sold. (f) Find the marginal profit MP JUL 34 2 WEFirefox File Edit View History Bookmarks Tools Window Help 90% . Thu 11:45:48 PM Q = . . . A HW 2.3 - Linear Models for Busin X C A Group Of Retailers Will Buy 80 X * Course Hero X A https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=24037974 =] ... D LI DOE Tel cach p1 increase in revenue as many more nicimets can be produced. This is the revenue (in dollars) generated from the sale of 300 helmets. O For every additional helmet produced the revenue generated increases by this much. Find P(300). P(300) = Interpret P(300). O For each additional helmet sold the profit (in dollars) increases by this much, but since it is negative it means that the company needs to decrease the number of helmets sold in order to make a profit. For each additional helmet sold the profit (in dollars) increases by this much, but since it is positive it means that the company is producing too many helmets. This is the profit (in dollars) when 300 helmets are sold, and since it is positive it means that the company makes money when 300 helmets are sold. This is the profit (in dollars) when 300 helmets are sold, but since it is negative it means that the company loses money when 300 helmets are sold. (f) Find the marginal profit MP. MP = Write a sentence that explains its meaning. O When costs are decreased by this much the profit is increased by $1. For each $1 increase in profit this many more helmets can be produced. Each additional helmet sold increases the profit by this many dollars. O When revenue is increased by this much the profit is increased by $1. JUL 2 AS 34 W WE
