The financial planner for a beauty products manufacturer develops the system of equations below to determine how many combs must be sold to generate a profit. The linear equation models the income, in dollars, from selling x plastic combs; the quadratic equation models the cost, in dollars, to produce x plastic combs. According to the model, for what price is each comb being sold?
Answers
Each Comb being sold at $0.5
Step-by-step explanation:
y = x/2
Income y by selling x combs
=> income by selling 1 combs = 1/2
= $0.5
Each Comb being sold at $0.5
Learn more:
The revenue function for a product is r =600q 0.5q2 and the cost ...
https://brainly.in/question/10321657
The revenue function for a product is r =600q 0.5q2 and the cost ...
https://brainly.in/question/10321657
The two equations, which are
1. The linear equation models the income, in dollars, from selling x plastic combs is given as
y=\frac{x}{2}
2. The quadratic equation models the cost, in dollars, to produce x plastic combs is given as
y=-0.03(x-95)^2+550
Selling price of x, plastic comb=\frac{x}{2}
Selling price of one plastic comb=\frac{y}{x} =\frac{\frac{x}{2}}{x}=\frac{1}{2}
= $0.50
So, selling price of each plastic comb= $ 0.50 each→→Option (B)