R = -5E² + 400E, here E is the number of complete equations I solve per week and Ris the total weekly he cost to me of running the operation is given by: C = 2000 + 70E, here the 2000 bitcoin is a fixed cost (basically the weekly cost of maintaining my under eadquarters where I do my algebra work), and then a further 70 bitcoin per equation sc sy forming the equation P = R - C to give my profit P as a function of E, answer the | uestions

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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I have worked out that the revenue curve of my operation is given by:
R= -5E² + 400E,
where E is the number of complete equations I solve per week and Ris the total weekly revenue in bitcoin.
The cost to me of running the operation is given by:
C = 2000 + 70E,
where the 2000 bitcoin is a fixed cost (basically the weekly cost of maintaining my underwater volcano
headquarters where I do my algebra work), and then a further 70 bitcoin per equation solved.
By forming the equation P = R – C to give my profit P as a function of E, answer the following
questions.
What is the minimum and maximum number of equations I need to solve per week to keep my operation
profitable? (Remember that I only get paid for completely solving an equation, I cannot solve a fraction of
one).
min:
equations
max:
equations
How many equations should I solve per week to maximise my profit?
To maximise profit:
equations
Transcribed Image Text:I have worked out that the revenue curve of my operation is given by: R= -5E² + 400E, where E is the number of complete equations I solve per week and Ris the total weekly revenue in bitcoin. The cost to me of running the operation is given by: C = 2000 + 70E, where the 2000 bitcoin is a fixed cost (basically the weekly cost of maintaining my underwater volcano headquarters where I do my algebra work), and then a further 70 bitcoin per equation solved. By forming the equation P = R – C to give my profit P as a function of E, answer the following questions. What is the minimum and maximum number of equations I need to solve per week to keep my operation profitable? (Remember that I only get paid for completely solving an equation, I cannot solve a fraction of one). min: equations max: equations How many equations should I solve per week to maximise my profit? To maximise profit: equations
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