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zubka84 [21]
2 years ago
9

Help!!!

Mathematics
1 answer:
vfiekz [6]2 years ago
7 0

Answer: It’s false I just took the test

Step-by-step explanation: Can I have Brainly pls:)

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A company sells widgets. The amount of profit, y, made by the company, is related to the selling price of each widget, x, by the
defon

Answer:

Price of widget to break even= $37.9

Step-by-step explanation:

We are told that the equation representing the amount of profit, y, made by the company, in relation to the selling price of each widget, x is;

y = -8x² + 348x - 1705

Now, the company will break even when it has made no profit. That is when, y = 0

Thus;

0 = -8x² + 348x - 1705

Rearranging,

8x² - 348x + 1705 = 0

Using quadratic formula ;

x = [-b ± √(b² - 4ac)]/2a

x = [-8 ± √(-348² - 4•1•1705)]/(2 x 8)

x = $5.63 or $37.87

We'll use $37.87 because it is the highest price for which no profit is made, and higher price means that we could sell least number of products to earn a certain amount of money.

We are told to approximate to nearest cent. Thus,

Price of widget = $37.87 ≈ $37.9

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