Problema Solution
Expenses =x2 + 800
Where x = the number of smartphones in thousands.
The revenue also in thousands of dollars generated expression 100 x
give the polynomial expression that can be used to compute the profit. Briefly explain how this was done. Use the expression you just derived to compute the profit if $50,000 smartphones are expressed in thousand of dollars, do a computed value of say 30 means $30,000. show the steps of the computation After making the computation interpret the results in real life terms
Answer provided by our tutors
Expenses =x2 + 800
Where x = the number of smartphones in thousands.
The revenue also in thousands of dollars generated expression 100 x
give the polynomial expression that can be used to compute the profit. Briefly explain how this was done. Use the expression you just derived to compute the profit if $50,000 smartphones are expressed in thousand of dollars, do a computed value of say 30 means $30,000. show the steps of the computation After making the computation interpret the results in real life terms
Profit = Revenues - Expenses
= 100x - (x2 + 800) = -x2 + 100x - 800
Profit = -(50)^2 + 100(50) - 800 = 5000 - 3300 = 1700 or $1,700,000