a television manufacturing finds that the total cost for the production and marketing of x numbers of television set is sea of x is equal to 300 X square + 4200 X + 13500 if each product is sold for rupees 800 and 400 show the profit of the company is increasing
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Answer:
Break even is at 5
Profit is maximum at 7 products
Step-by-step explanation:
A television manufacturer finds that the total cost for the production and marketing of x
number of television sets is : c(x)=300x²+4200x+13,500.
Each product is sold for Rs.8,400.
Determine the break-even points.
300x²+4200x+13,500 = 8400x
=> 300x²- 4200x+13,500 = 0
=> x² - 14x + 45 = 0
=> x² - 5x - 9x + 45 = 0
=> x(x - 5) - 9(x - 5) = 0
=>(x - 9)(x - 5) = 0
=> x = 9 or x = 5
Break even is at 5
Profit = 8400x - (300x²+4200x+13,500)
= 4200x - 300x² - 13500
dP/dx = 4200 - 600x
=> x = 7
d²P/dx² = - 600
=> Profit is maximum at 7 prodcuts sell
after that Profit start reducing and its no more profitable after 9 products
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