Answer:
<em>Since the profit is positive, Rebotar not only broke even, they had earnings.</em>
Step-by-step explanation:
<u>Function Modeling</u>
The costs, incomes, and profits of Rebotar Inc. can be modeled by means of the appropriate function according to known conditions of the market.
It's known their fixed costs are $3,450 and their variable costs are $12 per basketball produced and sold. Thus, the total cost of Rebotar is:
C(x) = 12x + 3,450
Where x is the number of basketballs sold.
It's also known each basketball is sold at $25, thus the revenue (income) function is:
R(x) = 25x
The profit function is the difference between the costs and revenue:
P(x) = 25x - (12x + 3,450)
Operating:
P(x) = 25x - 12x - 3,450
P(x) = 13x - 3,450
If x=300 basketballs are sold, the profits are:
P(300) = 13(300) - 3,450
P(300) = 3,900 - 3,450
P(300) = 450
Since the profit is positive, Rebotar not only broke even, they had earnings.
Answer:
The equation simplified equals to 7
Step-by-step explanation:
The equation of an ellipse is x²/a² + y²/b² =1
a being the distance between the center & x intercept =7
b being the distance between the center & y intercept =5
Hence the equation of this ellipse is:
x²/49 + y²/25 =1
As per inequality, it means that the value of x can be less than or equal to y.
Inequality in Mathematics
The two expressions that make up an equation or an inequality are connected in a mathematical statement. The equal sign (=) in an equation denotes the equality of the two expressions. The symbols >, <, ≤, or ≥ are used to denote an inequality, when the two expressions aren't always equal.
Type of Inequality
The given expression, x <= y denotes the type of inequality where the possible values of x are either less than y or equal to less. The value of x cannot be greater than y in any case.
Learn more about inequality here:
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