Applied Algebra - C957 70 Correctly Answered Questions Latest Update

A company uses the function C = 15 e -n + 10, which is shown in the graph below, to model the average cost per toy produced, C, where n is the number of toys produced. How should this horizontal asymptote be interpreted? {Ans: As the number of toys produced increases, the average cost per toy tends toward $10.}An appliance manufacturer has determined that the profit, P( x), that it makes in manufacturing and selling x dishwashers can be determined from the function in the graph below. How many dishwashers must the company manufacture and sell in order to make a profit of $80,000? {Ans: 130}The total profit, P( x), in thousands of dollars from the production of x thousands of laptop computers is given by the graph below. For this graph, x must be greater than or equal to 5. How many laptops must be produced to maximize the profit? {Ans: 10,000}A company has tracked the relationship between the selling price of an item, x, and the revenue generated by the sales of that item, f. The company performs a polynomial regression on the data and models the data with the function f( x) = -24.34