Welcome to our community

Be a part of something great, join today!

what is the average profit on producing and selling 40 items per day

fxacx

New member
Jul 14, 2019
4
business has an average cost of AC(x)= 100x+2x/x and its average revene per day is AR(x)= 100x+3/x

what is the average profit on producing and selling 40 items per day

how many must we sell to get an average daily of $80?
 

HallsofIvy

Well-known member
MHB Math Helper
Jan 29, 2012
1,151
business has an average cost of AC(x)= 100x+2x/x and its average revene per day is AR(x)= 100x+3/x

what is the average profit on producing and selling 40 items per day

how many must we sell to get an average daily of $80?
Please go back, reread the problem, and copy it correctly! I feel sure the average cost is NOT "
100x+2x/x= 100x+ 2". I might guess (100x+ 2x)/x but that is just 102. My best guess is that you meant "AC(x)= (100x+ 2)/x and that AR(x)=(100x+ 3)/x, NOT "100x+ 3/x".

Now, do you know what "revenue" and "cost" mean and how to find profit from them?
 
Last edited: