Question 5 The revenue for a company producing widgets is given by y = -20x2- 50x + 100, where x is the price in dollars for each widget. The cost for the production is given by y = 30x %3D - 10. Determine the price that will allow the production of widget to break even by setting the revenue function equal to the cost function. $1.08 per widget

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,...
icon
Related questions
Question
100%
Question 5
The revenue for a company producing widgets is given by y = -20x2- 50x + 100, where
x is the price in dollars for each widget. The cost for the production is given by y = 30x
%3D
- 10. Determine the price that will allow the production of widget to break even by
setting the revenue function equal to the cost function.
$1.08 per widget
$22.12 per widget
$11.10 per widget
$22.47 per widget
Transcribed Image Text:Question 5 The revenue for a company producing widgets is given by y = -20x2- 50x + 100, where x is the price in dollars for each widget. The cost for the production is given by y = 30x %3D - 10. Determine the price that will allow the production of widget to break even by setting the revenue function equal to the cost function. $1.08 per widget $22.12 per widget $11.10 per widget $22.47 per widget
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
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