Intermediate Algebra: Connecting Concepts through Application

Published by Brooks Cole
ISBN 10: 0-53449-636-9
ISBN 13: 978-0-53449-636-4

Chapter 3 - Exponents, Polynomials and Functions - 3.2 Combining Functions - 3.2 Exercises - Page 248: 80

Answer

A) $27$ million tennis rockets. B) $R(p)=0.09p^3-4.2p^2+51p$ C) About $18.2$ billion

Work Step by Step

Given $$\begin{aligned} S(p) &= 0.09p^2-4.2p+51. \end{aligned}$$ Part A When the price $p= \$40$, the number of car tennis rocket supplied by the manufacturer is: $$\begin{aligned} S(p) &= 0.09\cdot 40^2-4.2\cdot 40+51\\ &= 27\ \text{million}. \end{aligned}$$ Part B The revenue function is the product of the supply function, $S$ and the price, $p$. It is given by $$\begin{aligned} R(p) &= pS(p) \\ &= p(0.09p^2-4.2p+51)\\ &=0.09p^3-4.2p^2+51p. \end{aligned}$$ Part C Set $p= 75$ to estimate the revenue. $$\begin{aligned} R(90)&= 0.09\cdot 75^3-4.2\cdot 75^2+51\cdot 75\\ &=\$18168.75\ \text{million}. \end{aligned}$$
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