Your company would like to know how sales levels affect profits. If too few items are sold, then there is a loss. Even if too many items are sold, however, the company can lose money (likely because of low pricing). It is good to know how many items can be sold for there to be profit. Functions are very useful in many areas, such as in business to find the profit an organization is making. For example, the following function expresses profit in terms of the number of phones sold by a particular company: P(x) = –x2 + 110x – 1,000 This function can be used to compute the profit (in thou
since it is modeled after a parabola that opens downward, it will have a maximum value
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i dont understand how to graph this
Your company would like to know how sales levels affect profits. If too few items are sold, then there is a loss. Even if too many items are sold, however, the company can lose money (likely because of low pricing). It is good to know how many items can be sold for there to be profit. Functions are very useful in many areas, such as in business to find the profit an organization is making. For example, the following function expresses profit in terms of the number of phones sold by a particular company: P(x) = –x2 + 110x – 1,000 This function can be used to compute the profit (in thousands of dollars) from producing and selling a certain number, x, of thousands of smartphones. a.Compute the following: P(5), P(50), and P(120). Then, interpret the results. b.Graph the function using the desired graphing program. Paste the graph that you create into your assignment. c.Discuss and interpret the meaning where the profit function crosses the x-axis. Also, discuss where the graph is above and below the x-axis, explaining what that means in terms of profitability.
Graph using the desired graphing program... http://www.wolframalpha.com/input/?i=P%28x%29+%3D+-x%5E2+%2B+110x+-+1000 What are they teaching in schools these days?? (Regular math classes, I mean; in my class, graphing calculators get stepped on, burned, thrown in the trash, burned again, frozen, and put in a time capsule for humans to discover 10000 years later.)
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