Market Research A market analyst working for a smallappliancemanufacturer finds that if
Chapter 3, Problem 87(choose chapter or problem)
Market Research A market analyst working for a smallappliancemanufacturer finds that if the firm produces andsells x blenders annually, the total profit (in dollars) isP1x2 8x 0.3x2 0.0013x3 372 Graph the function P in an appropriate viewing rectangle anduse the graph to answer the following questions.(a) When just a few blenders are manufactured, the firmloses money (profit is negative). (For example,P1102 263.3, so the firm loses $263.30 if it producesand sells only 10 blenders.) How many blendersmust the firm produce to break even?(b) Does profit increase indefinitely as more blenders areproduced and sold? If not, what is the largest possibleprofit the firm could have?
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