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Analysis of Profit Function Based on Number of Items Sold

An analysis of how the number of items sold influences the profit function of a business.

Daniel Kim
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AnalysisofProfitFunctionBasedonNumberofItemsSoldAnnualprofitinthousandsofdollarsisgivenbythefunction,P(x)=100*sqrt(x–5)+3000,wherexisthenumberofitemssold,x≥5.1.Describethemeaningofthenumber5intheformula.2.Describethemeaningofthenumber3000intheformula.Useacompletesentenceorsentences.3.Findtheprofitfor6differentvaluesofx(showyourwork).PLEASEusex=5,69,105,230,366,and489andmakeatableusingMicrosoftExcel.

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Business Management

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