Intermediate Algebra for College Students (7th Edition)

Published by Pearson
ISBN 10: 0-13417-894-7
ISBN 13: 978-0-13417-894-3

Chapter 3 - Section 3.2 - Problem Solving and Business Applications Using Systems of Equations - Exercise Set - Page 204: 8

Answer

$x=30000, P(x)=0.5x-1500$

Work Step by Step

Given: $C(x)=1.2x+1500$ and $R(x)=1.7x$ After equating the given two equation, we get $0.5x=1500$ or, $x=30,000$ Now, $P(x)=1.7x-(1.2x+1500)$ or, $P(x)=0.5x-1500$ Thus, $x=30000, P(x)=0.5x-1500$
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