Concept explainers
To find a price p that yields a profit of $3 million if
Answer to Problem 70E
No price
Explanation of Solution
Given:
Calculation:
To find a price that yields a profit of $3 million, draw the graph of profit function.
Calculation for graph:
Consider
Values of x | Values of P |
0 | -150000 |
1 | -149900.001 |
-1 | -150100.001 |
2 | -149800.004 |
-2 | -150200.004 |
By taking different values of x, the graph can be plotted.
Graph:
Interpretation:
By observing graph, it is clear that the curve of the function does not reach profit of $3 million for any value of x.
Conclusion:
Therefore, there is no price that yields a profit of $3 million.
Chapter 2 Solutions
Precalculus with Limits: A Graphing Approach
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