The profit for a product is given by P(x)=−11x2+770x−6600, where x is the number of units produced and sold. How many units give break even (that is, give zero profit) for this product?The number of units that give the break even for this product are 000. (Use a comma to separate answers as needed.)
Q. The profit for a product is given by P(x)=−11x2+770x−6600, where x is the number of units produced and sold. How many units give break even (that is, give zero profit) for this product?The number of units that give the break even for this product are 000. (Use a comma to separate answers as needed.)
Set Profit Function Equal: Set the profit function equal to zero to find the break-even points. P(x)=−11x2+770x−6600To find the break-even points, we need to solve for x when P(x)=0.0=−11x2+770x−6600
Factor or Use Formula: Factor the quadratic equation or use the quadratic formula to find the values of x. The quadratic formula is x=2a−b±b2−4ac, where a, b, and c are the coefficients from the quadratic equation ax2+bx+c=0. In our case, a=−11, b=770, and c=−6600.
Calculate Discriminant: Calculate the discriminant b2−4ac to ensure that the roots are real numbers.Discriminant = b2−4ac=(770)2−4(−11)(−6600)Discriminant = 592900−290400Discriminant = 302500Since the discriminant is positive, we have two real roots.
Apply Quadratic Formula: Apply the quadratic formula to find the roots.x=2×−11−770±302500x=−22−770±550
Solve for Values: Solve for the two values of x. x1=−22−770+550 x1=−22−220 x1=10
x2=−22−770−550 x2=−22−1320 x2=60
Verify Valid Solutions: Verify that the roots make sense in the context of the problem.Since we are looking for the number of units produced and sold, negative values do not make sense. Both 10 and 60 are positive, so they are valid solutions for the number of units that give break-even.