Math Problem Statement
Solution
The given profit function is:
To determine when there will be profit, we need to find when . This means we need to solve the inequality:
First, let's solve the equation:
This will help us identify the critical points where the profit is zero (break-even points). After that, we can determine the intervals where the function is positive (profit exists).
Let's solve this quadratic equation.The solutions to the equation are and .
These are the break-even points where the profit is zero. To determine when there is a profit, we need to check the sign of the profit function in the intervals:
By analyzing the quadratic function, we can conclude:
- The function opens downwards (since the coefficient of is negative).
- The profit is positive between the break-even points, i.e., for .
Therefore, there will be profit when (the number of units) is between 2 and 6.
Would you like a more detailed explanation or further analysis?
Here are 5 related questions:
- How do you interpret a profit function in terms of economics?
- What is the significance of the discriminant in quadratic equations?
- How does the vertex of a quadratic function help in analyzing profit?
- What are the steps to analyze when a quadratic function is positive or negative?
- How does the shape of a parabola help in determining intervals of profit?
Tip: Always plot the graph of quadratic functions to better understand the intervals where they are positive or negative!
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Math Problem Analysis
Mathematical Concepts
Quadratic Functions
Inequalities
Profit Analysis
Formulas
Quadratic equation ax^2 + bx + c = 0
Profit condition: P(x) > 0
Theorems
Quadratic Formula
Suitable Grade Level
Grades 9-12
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