A company's annual net profit can be modeled by the polynomial function P(x) = - 73x + 392x - 234x + 1860, where P(x) is net profit in millions of dollars and x is the number of years since 2008. The company's annual revenue can be modeled by the function R(X) 450x - 487x+ 8551, where R(x) is revenue in millions of dollars and x is years since 2008. net profit a. Given that net profit margin write a function, m(x), that models the company's net profit margin. revenue b. Use part (a) to predict the company's profit margin in 2016. a. m(x) = (Do not simplity.)

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
Question
A company's annual net profit can be modeled by the polynomial function P(x) = - 73x + 392x - 234x + 1860, where P(x) is net profit in millions of dollars and x is the number of years since 2008. The company's annual revenue can be modeled
by the function R(X) 450x - 487x+ 8551, where R(x) is revenue in millions of dollars and x is years since 2008.
net profit
a. Given that net profit margin
write a function, m(x), that models the company's net profit margin.
revenue
b. Use part (a) to predict the company's profit margin in 2016.
a. m(x) = (Do not simplity.)
Transcribed Image Text:A company's annual net profit can be modeled by the polynomial function P(x) = - 73x + 392x - 234x + 1860, where P(x) is net profit in millions of dollars and x is the number of years since 2008. The company's annual revenue can be modeled by the function R(X) 450x - 487x+ 8551, where R(x) is revenue in millions of dollars and x is years since 2008. net profit a. Given that net profit margin write a function, m(x), that models the company's net profit margin. revenue b. Use part (a) to predict the company's profit margin in 2016. a. m(x) = (Do not simplity.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education