Precalculus (6th Edition) Blitzer

Published by Pearson
ISBN 10: 0-13446-914-3
ISBN 13: 978-0-13446-914-0

Chapter 7 - Section 7.1 - Systems of Linear Equations in Two Variables - Exercise Set - Page 819: 71

Answer

a. $P(x) =20x-10,000$ b. $ 190,000$ dollars.

Work Step by Step

a. We are given the formulas $R(x)=50x$ and $C(x)=10000+30x$ The profit function can be written as $P(x)=R(x)-C(x)=50x-10,000-30x=20x-10,000$ b. For $x=10,000$: $P(10,000)=20(10,000)-10,000=190,000$ dollars.
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