Question

Very urgent.... Anyone please help me.. I need it with explanation!

Answer 1

Answer:

• P(y) = 0.005y² -10y -1000000
• 3,200,000

Step-by-step explanation:

a) Profit is the difference between revenue and cost.

  P(y) = R(y) -C(y)

  P(y) = (0.005y² +10y) -(20y +1000000) . . . . use the functions for revenue and cost

  P(y) = 0.005y² -10y -1000000 . . . . . profit as a function of y

___

b) Evaluating this function for y=30,000, we get ...

  P(30000) = 0.005(30000)² -10(30000) -1000000

  = 3,200,000

The company will have a profit of 3,200,000 from the sale of 30,000 cars.