Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

The profit from the production and sale of specialty golf hats is given by the function [tex]\( P(x) = 20x - 6000 \)[/tex] where [tex]\( x \)[/tex] is the number of hats produced and sold.

(a) Producing and selling how many hats will give a profit of [tex]$8000?

(b) How many hats must be produced and sold to avoid a loss?

(a) Producing and selling \( \square \) hats will give a profit of $[/tex]8000.


Sagot :

Sure! Let's break down the problem step by step.

### Part (a)
To find the number of hats needed to achieve a profit of [tex]$8000, we need to set \( P(x) \) equal to $[/tex]8000 and solve for [tex]\( x \)[/tex]. The given profit function is:

[tex]\[ P(x) = 20x - 6000 \][/tex]

We set this equal to [tex]$8000: \[ 20x - 6000 = 8000 \] Now, solve for \( x \): 1. Add 6000 to both sides of the equation: \[ 20x = 8000 + 6000 \] \[ 20x = 14000 \] 2. Divide both sides by 20: \[ x = \frac{14000}{20} \] \[ x = 700 \] So, producing and selling 700 hats will give a profit of $[/tex]8000.

### Part (b)
To avoid a loss, the profit must be at least zero. This means we need to find the number of hats [tex]\( x \)[/tex] for which [tex]\( P(x) = 0 \)[/tex]. Set the profit function equal to zero:

[tex]\[ 20x - 6000 = 0 \][/tex]

Now, solve for [tex]\( x \)[/tex]:

1. Add 6000 to both sides of the equation:

[tex]\[ 20x = 6000 \][/tex]

2. Divide both sides by 20:

[tex]\[ x = \frac{6000}{20} \][/tex]
[tex]\[ x = 300 \][/tex]

So, producing and selling at least 300 hats will avoid a loss.

### Summary
(a) Producing and selling 700 hats will give a profit of $8000.
(b) Producing and selling at least 300 hats will avoid a loss.