What are the revenue, cost, and profit if 0 units are produced?
8
R(0)=
c(0)=262500
P(0)=$-262500
O
Using a straight edge, graph the total cost and total revenue functions on the same axes and estimate where the graphs intersect. Label the units on both of your axes, think SCALING FOR BOTH AXES so you can see your functions! Recall graphing a line you need two points. Question 7 gave you one point, the vertical intercept for each function.
Graph the profit function on the second grid above and estimate where the graph intersects the x-axis (xintercept). Use the same "scaling" on this graph as you did for problem 8.
Compare the intersection point from #8 and the x-intercept Question 9?
What do you notice about these points?
7.What are the revenue,cost,and profit if O units are produced? R0= c-0500 P(0= -23500
8. Using a straight edge,graph the total cost and total revenue functions on the same axes and estimate where the graphs intersect.Label the units on both of your axes, think SCALING FOR BOTH AXES so you can see your functions! Recall graphing a line you need two points. Question 7 gave you one point, the vertical intercept for each function.
9.Graph the profit function on the second grid above and estimate where the graph intersects the x-axis (x - intercept). Use the same "scaling" on this graph as you did for problem 8.
10. Compare the intersection point from #8 and the x - intercept Question 9? What do you notice about these points?