Question

An entrepreneur estimates that the total profit (profit = total revenue minus total cost) from his proposed company will be given by the function P(x) = x3 – 4x2 + 3x – 12, where P is in hundreds of dollars and x is the number of years elapsed after the company starts operations. In how many years (x) will the company break even (no profit, no loss)?

Answer 1

"Break even" implies that P(x) = Profit = 0.

So, take the given profit function, P(x) = x3 – 4x2 + 3x – 12, and set it equal to zero. You'll then need to figure out how to solve the resulting equation for x.

Please note: Your P(x) = x3 – 4x2 + 3x – 12 should be written as
P(x) = x^3 – 4x^2 + 3x – 12

You need to use the symbol " ^ " to denote exponentiation.

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Answer 2

thanks