A company that sells toys models their profit with the function
1 answer:
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Answer:
a) profit has a typical curve: negative at low volume, and again at very high volume.
b) $239,407
Step-by-step explanation:
a) The graph is negative below x=1.58, so the break-even point is 158 toys sold. The profit declines steeply above 533 toys sold, to again go negative for 774 toys sold. This sort of curve seems fairly typical.
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b) The profit is a maximum of $239,407 when 533 toys are sold.
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Answer:
There are none.
Step-by-step explanation:
<u>No calculus involved:</u>
The line, in slope-intercept form, has equation , ie is always decreasing (easy to spot applying the definition)
Meanwhile, is always increasing over its domain.
At no point the tangent will be decreasing.
<u>Let's use calculus</u>
We are to solve the equation which has no real solutions.