For Exercise, use your graphing calculator to complete the following.
(a) Use the Zero command on your calculator to determine the values where P(x) = 0.
(b) Write an interpretation for the zeros found in part (a).
The profit function determined in Exercise 1.
In Exercise, the price-demand p is given; along with the fixed costs and variable costs.
Exercise 1
(a) Determine the profit function P(x) = R(x) − C(x).
(b) Determine the coordinates of the vertex of the profit function P. Then interpret each coordinate of the vertex.
p(x) = 40 – x
Variable costs are $20 per unit
Fixed costs are $80
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