Question

A grocer sells 30 loaves of bread a day. The cost is $2.50 per loaf. The grocer estimates that for each $0.50 increase in cost, 2 fewer loaves of bread will be sold per day. Let x represent the number of $0.50 increases in the cost of a loaf of bread.For what number of $0.50 increases in the cost of a loaf of bread will the grocer's generated revenue be greater than zero?
A. The grocer's generated revenue will be greater than zero for any number of $0.50 increases greater than 20.


B. The grocer's generated revenue will be greater than zero for any number of $0.50 increases less than 20.


C. The grocer's generated revenue will be greater than zero for any number of $0.50 increases greater than 15

.

D. The grocer's generated revenue will be greater than zero for any number of $0.50 increases less than 15.

Answer 1

Answer:

none of the above

Step-by-step explanation:

The grocer's revenue will be the product of the number of loaves sold (30-2x) and their price (2.50+0.50x).

Revenue will be positive for values of x between those that make these factors be zero. The number of loaves sold will be zero when ...

... 30 -2x = 0

... 15 -x = 0 . . . . . divide by 2

... x = 15 . . . . . . . add x

The price of each loaf will be zero when ...

... 2.50 +0.50x = 0

... 5 + x = 0 . . . . . . . multiply by 2

... x = -5 . . . . . . . . . . subtract 5

Revenue will be positive for any number of increases greater than -5 and less than 15.

_____

D is the best of the offered choices, but it is incorrect in detail. -5 is a number less than 15, but will give zero revenue.