Question: Polynomial Functions The demand function for a type of portable radio is given by the model d= 85 - 6x2 , where dis measured in
Polynomial Functions
The demand function for a type of portable radio is given by the model d= 85 - 6x2
, where dis measured in dollars and xis measured in millions of units. The production cost is $25.00 per radio. Given that profit = revenue - costs answer the following parts. (Hint: Revenue is demand times number sold. Costs are productions costs per number sold.)
- Part A: make a equation giving profit as a function of x million radios sold.
- Part B: The company currently produces 3 million radiosand makes a profit of $18,000,000, but would like to scale back production. What lesser number of radios could the company produce to yield the same profit?
- Part C: Give a graph for the profit and label the parts of the graph.
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