Solving an Inequality to Determine profit margin

  • Thread starter Thread starter PhysicsAdvice
  • Start date Start date
  • Tags Tags
    Inequality Margin
PhysicsAdvice
Messages
37
Reaction score
0
Revenue Equation: R(x)=-x^2+10x Cost Equation: C(x)= 4X+5
Average profit= profit equation, P(x)/x

therefore p(x)= R(x)-C(x)=-x^2+6x-5

(-x^2+6x-5)/x=(-1(x-5)(x-1))/x, I then found that x is positive between 1 and 5, therefore average profit is positive in that range, however, the answer is if x>5, where did I go wrong?

(Picture illustrates the steps not shown)
 

Attachments

  • math.png
    math.png
    4.2 KB · Views: 504
on Phys.org
I don't see you've done anything wrong so far. You gave the answer. But what is the question??
 
simply, what values of x will produce a positive average profit? I have gotten three questions which I believe to be right wrong in a row now, I believe the answers are off :)
 
PhysicsAdvice said:
simply, what values of x will produce a positive average profit? I have gotten three questions which I believe to be right wrong in a row now, I believe the answers are off :)

They must be. At x=6 I get R=24 and C=29. That doesn't look profitable to me.
 

Similar threads

  • · Replies 5 ·
Replies
5
Views
2K
Replies
4
Views
3K
  • · Replies 4 ·
Replies
4
Views
2K
  • · Replies 3 ·
Replies
3
Views
2K
  • · Replies 9 ·
Replies
9
Views
2K
  • · Replies 4 ·
Replies
4
Views
2K
Replies
7
Views
2K
  • · Replies 2 ·
Replies
2
Views
2K
  • · Replies 15 ·
Replies
15
Views
4K
  • · Replies 4 ·
Replies
4
Views
2K