
Concept explainers
Business Analysis
This activity may be completed by working in groups or individually.
Suppose you own a small business that manufactures specialized iPod covers. You need to decide how many covers to make. The more covers you make, the lower the price you will have to charge to sell them all. Naturally, each cover you make cost you because you must buy the materials to make each cover. The following table summarizes some factors you must consider in deciding how many covers to make, along with algebraic representations of those factors.
Number of covers | Description | Algebraic Expression |
Total manufacturing expenses | This is total amount that it will cost to manufacture all the iPod covers. It will cost $100 to buy special equipment to manufacture the covers in addition to materials costing $0.50 per cover. |
|
Price charged per cover | For additional cover produced, the price that must be charged per cover decreases from $40 by an additional $0.50. |
|
Profit is the amount of money you make from selling the iPod covers after deducting the expenses for making the covers. Profit can be found by subtracting total manufacturing expenses for revenue. Find a polynomial that represents the profit from the sales of covers. Then write this polynomial in the Polynomial column next “Profit” in the table to the right.
Number of Covers,
|
||||||
Polynomial | 200 | 300 | 400 | 500 | 600 | |
Revenue | ||||||
Total manufacturing expenses |
|
|||||
Profit |
|

Want to see the full answer?
Check out a sample textbook solution
Chapter 10 Solutions
Prealgebra
- Solve questions by Course Name (Ordinary Differential Equations II 2)arrow_forwardplease Solve questions by Course Name( Ordinary Differential Equations II 2)arrow_forwardInThe Northern Lights are bright flashes of colored light between 50 and 200 miles above Earth. Suppose a flash occurs 150 miles above Earth. What is the measure of arc BD, the portion of Earth from which the flash is visible? (Earth’s radius is approximately 4000 miles.)arrow_forward
- e). n! (n - 1)!arrow_forwardSuppose you flip a fair two-sided coin four times and record the result. a). List the sample space of this experiment. That is, list all possible outcomes that could occur when flipping a fair two-sided coin four total times. Assume the two sides of the coin are Heads (H) and Tails (T).arrow_forwarde). n! (n - 1)!arrow_forward
- Evaluate the following expression and show your work to support your calculations. a). 6! b). 4! 3!0! 7! c). 5!2! d). 5!2! e). n! (n - 1)!arrow_forwardAmy and Samiha have a hat that contains two playing cards, one ace and one king. They are playing a game where they randomly pick a card out of the hat four times, with replacement. Amy thinks that the probability of getting exactly two aces in four picks is equal to the probability of not getting exactly two aces in four picks. Samiha disagrees. She thinks that the probability of not getting exactly two aces is greater. The sample space of possible outcomes is listed below. A represents an ace, and K represents a king. Who is correct?arrow_forwardConsider the exponential function f(x) = 12x. Complete the sentences about the key features of the graph. The domain is all real numbers. The range is y> 0. The equation of the asymptote is y = 0 The y-intercept is 1arrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillElementary AlgebraAlgebraISBN:9780998625713Author:Lynn Marecek, MaryAnne Anthony-SmithPublisher:OpenStax - Rice UniversityAlgebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
- Algebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage LearningIntermediate AlgebraAlgebraISBN:9781285195728Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage LearningCollege AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning





