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book College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco cover

College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco

Edition 3ISBN: 032157060X
book College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco cover

College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco

Edition 3ISBN: 032157060X
Exercise 37
Step-by-step solution
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Consider that a company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150 units is $455, and the profit from 250 units is $895.

(a) Let us write the equation of the profit function for this product.

By using x as the number of units and y as the profit, enter the data in the lists of a graphing utility.

The figure below shows a partial list of the data points.

    <div class=answer> Consider that a company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150 units is $455, and the profit from 250 units is $895. (a) Let us write the equation of the profit function for this product. By using <i>x</i> as the number of units and <i>y</i> as the profit, enter the data in the lists of a graphing utility. The figure below shows a partial list of the data points.    The equation of the profit function, found using linear regression with a graphing calculator.   The equation of the profit function   as a function of the number of units <i>x</i> is   Thus, the equation of profit function is   .

The equation of the profit function, found using linear regression with a graphing calculator.

    <div class=answer> Consider that a company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150 units is $455, and the profit from 250 units is $895. (a) Let us write the equation of the profit function for this product. By using <i>x</i> as the number of units and <i>y</i> as the profit, enter the data in the lists of a graphing utility. The figure below shows a partial list of the data points.    The equation of the profit function, found using linear regression with a graphing calculator.   The equation of the profit function   as a function of the number of units <i>x</i> is   Thus, the equation of profit function is   .

The equation of the profit function    <div class=answer> Consider that a company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150 units is $455, and the profit from 250 units is $895. (a) Let us write the equation of the profit function for this product. By using <i>x</i> as the number of units and <i>y</i> as the profit, enter the data in the lists of a graphing utility. The figure below shows a partial list of the data points.    The equation of the profit function, found using linear regression with a graphing calculator.   The equation of the profit function   as a function of the number of units <i>x</i> is   Thus, the equation of profit function is   . as a function of the number of units x is     <div class=answer> Consider that a company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150 units is $455, and the profit from 250 units is $895. (a) Let us write the equation of the profit function for this product. By using <i>x</i> as the number of units and <i>y</i> as the profit, enter the data in the lists of a graphing utility. The figure below shows a partial list of the data points.    The equation of the profit function, found using linear regression with a graphing calculator.   The equation of the profit function   as a function of the number of units <i>x</i> is   Thus, the equation of profit function is   . Thus, the equation of profit function is    <div class=answer> Consider that a company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150 units is $455, and the profit from 250 units is $895. (a) Let us write the equation of the profit function for this product. By using <i>x</i> as the number of units and <i>y</i> as the profit, enter the data in the lists of a graphing utility. The figure below shows a partial list of the data points.    The equation of the profit function, found using linear regression with a graphing calculator.   The equation of the profit function   as a function of the number of units <i>x</i> is   Thus, the equation of profit function is   . .


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College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco
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