Question

In the functions in the table, x is the price of each chair. The functions give the revenue (R) and costs (C) that Carrie’s business can expect in a year at a given price for the item. Use graphing tools to examine the graphs for each set of equations. Then select the correct answer from each drop-down menu.

Answer 1

9514 1404 393

Answer:

• Material 2 can deliver the highest profit of about 3,225,000
• Material 3 is profitable for the widest range of prices

Explanation:

The graphs of profit are shown in the attachment. Each is the difference between the revenue function and the cost function.

Material 2 (blue curve) shows the highest profit.

Material 3 (green curve) shows a profit over the widest range of prices.