A company Charting its profits notices that the relationship between the number of units sold,x, and the profit,P, is a linear. If 170 units sold results in $20 profit and 220 units sold results in $2820 profit, write the profit function for this company.
P=
Find the marginal profit
$

Answers

Answer 1

Step-by-step explanation:

a linear relationship or function is described in general as

y = f(x) = ax + b

Because the variable term has the variable x only with the exponent 1, this makes this a straight line - hence the name "linear".

here f(x) is P(x) :

P(x) = ax + b

now we are using both given points (ordered pairs) to calculate a and b :

20 = a×170 + b

2820 = a×220 + b

to eliminate first one variable we subtract equation 1 from equation 2 :

2800 = a×50

a = 2800/50 = 280/5 = 56

now, we use that in any of the 2 original equations to get b :

20 = 56×170 + b

b = 20 - 56×170 = 20 - 9520 = -9500

so,

P(x) = 56x - 9500


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