Answer to Question #259252 in Algebra for bri

Question #259252

The demand function for a tablet is given by the model p = 200 - 16xwhere p is measured in dollars per tablet and x is measured in millions of tablets. If it costs $50 to produce each tablet and a profit of $125 million was derive when 2.5 million tablets were produced. Derive the number of tablets that the company could sell to make the same amount of profit?



1
Expert's answer
2021-11-01T13:13:51-0400

demand"p=200-16X^2.....(1)"

p=dollars per tablet

x=millions of tablet

cost for producing each tablet=50

profit=125

revenue=px

"=(200-16x^2)x\\\\=200x-16x^3"

cost=50x

"profit=RX-CX\\\\125=200x-16x^3-50x\\\\125=150x-16^3\\\\16x^3-150x+125=0\\\\(2x-5)(8x^2+20x-25)=0"


if

"\\\\2x-5=0\\\\x=\\frac{5}{2}=2.5"

and if

"8x^2+20x-25=0\\\\x=2.5"

now the company should sell in the price

"p(2.5)=200-16(2.5)^2\\\\=200-16\\times(\\frac{5}{2})^2\\\\=200-16\\times\\frac{25}{4}\\\\=200-4\\times 25\\\\=200-100\\\\=100"

p(2.5)=100 dollars per tablet.

hence the company should sell 2.5 millions tablet in the price of 100 dollars per tablet to make profit of $125


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