Translate the word statement to a numerical statement then solve the problem
2 answers:
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Answer:
The answer is (x,y)=(-10,-7)
Step-by-step explanation:
- The solution comes from replace x= -10 into the equation of y=2/5 x -3.
- Replacement of x= -10 into y = 2/5 x -3 results:
.
Answer:
<em>If more than 134 articles are produced and sold, the firm will have positive profits and shoule start production</em>
Step-by-step explanation:
Cost, Revenue, and Profit Function
The cost function C(x) is given by
where x is the number of produced products.
The revenue function is
With both equations, we can know the profit function as
For the firm to have positive profits, it has to produce x articles with the condition
Or, equivalently
Solving for x
Thus
This means that if more than 134 articles are produced and sold, the firm will have positive profits and shoule start production