The number of units sold by the manufacturer to earn profit of $2400.
Answer to Problem 118E
The number of units sold by the manufacturer is
Explanation of Solution
The formula for the Revenue is
The formula for the Cost is
Also,
Substitute
Since the profit to the manufacturer is $2400 or more,
Simplify further as follows:
Further solve the equation:
Thus, the number of units sold by the manufacturer is
Chapter 1 Solutions
Precalculus: Mathematics for Calculus - 6th Edition
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- Calculus: Early TranscendentalsCalculusISBN:9781319050740Author:Jon Rogawski, Colin Adams, Robert FranzosaPublisher:W. H. FreemanCalculus: Early Transcendental FunctionsCalculusISBN:9781337552516Author:Ron Larson, Bruce H. EdwardsPublisher:Cengage Learning