Question

A company has been created to produce a new product. The company predicts that’s its capital expenditure (the one-time start up cost to buy computer, furniture, etc.) will be $200,000. It plans to sell its new product for a profit of $200 per unit. (The profit per unit is the price at which it sells each unit minus the cost to make and sell each unit.) The company’s profit for its first year of operation will be its total profits from sales minus its capital.

1. If the company sells 1200 units during the first year, how much total profit will the company make?
2. How much total profit will the company make is 2000 units are sold?

Answer 1

y= profit
x=number of units sold

Profit is equal to profits (200$ for every unit sold) minus expenditure. SO:

y=200x - 200000

They're asking you how much profit if they sell 1200 units. So if x (number of units) is 1200, what is the profit (y)?

Answer 2

so its: 200(1200) -200000

Answer 3

yup

Answer 4

thanks!!!!!!!!!!!

Answer 5

So can I use this equation for any number to substitute x with?

Answer 6

Exactly! :)

Answer 7

thanks!