PROFIT OF A COMPANY The total revenue realized in the of x units of the LectroCopy photocopying machine is -0.04x² + 2000.x dollars/week, and the total cost incurred in manufacturin x units of the machines is 0.000002³ -0.02x² + 1000x + 120,000 dollars/week (0 ≤x≤ 50,000). Find an expression giving the total weekly profit of the company. Hint: The profit is revenue minus cost.

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,...
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1. PROFIT OF A COMPANY The total revenue realized in the s
of x units of the LectroCopy photocopying machine is
-0.04z + 2000x
dollars/week, and the total cost incurred in manufacturin
x units of the machines is
0.000002x- 0.02x? + 1000z + 120,000
dollars/week (0sx 50,000). Find an expression giving
the total weekly profit of the company.
Hint: The profit is revenue minus cost.
58. PROFIT OFA COMPANY A manufacturer of tennis rackets
finds that the total cost of manufacturing x rackets/day is
given by
0.0001x2 + 4x + 400
dollars. Each racket can be sold at a price of p dollars,
where
P=-0.0004x + 10
Find an expression giving the daily profit for the manufac-
turer, assuming that all the rackets manufactured can be sold.
Hint: The total revenue is given by the total number of rackets
sold multiplied by the price of each racker. The profit is given by
revenue ninus cost.
Transcribed Image Text:1. PROFIT OF A COMPANY The total revenue realized in the s of x units of the LectroCopy photocopying machine is -0.04z + 2000x dollars/week, and the total cost incurred in manufacturin x units of the machines is 0.000002x- 0.02x? + 1000z + 120,000 dollars/week (0sx 50,000). Find an expression giving the total weekly profit of the company. Hint: The profit is revenue minus cost. 58. PROFIT OFA COMPANY A manufacturer of tennis rackets finds that the total cost of manufacturing x rackets/day is given by 0.0001x2 + 4x + 400 dollars. Each racket can be sold at a price of p dollars, where P=-0.0004x + 10 Find an expression giving the daily profit for the manufac- turer, assuming that all the rackets manufactured can be sold. Hint: The total revenue is given by the total number of rackets sold multiplied by the price of each racker. The profit is given by revenue ninus cost.
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