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2.5 Exercise 89

Avg difficulty 2.5

The cost function for a certain company is C=60x+300 C = 60 x + 300 and the revenue is given by R=100x−0.5 x 2 . R = 100 x - 0.5 x^{2} . Recall that profit is revenue minus cost. Set up a quadratic equation and find two values of x (production level) that will create a profit of $300.

OpenStax Algebra and Trigonometry 2e, 2.5 Quadratic Equations, exercise 89

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Adapted from College Algebra © 2021 Rice University. Licensed under CC BY 4.0. Sources: College Algebra 2e, Algebra and Trigonometry 2e, Precalculus 2e, College Algebra with Corequisite Support 2e. Imported at revision 4922e46.