Questions: Responses For full credit, you are required to reply to two of your classmates' main posts. Your replies should address the following: - Check how your classmates put together their equations. If it is not correct, point out why. If it is, continue to the next point. - Using your classmates' profit equations, what is the profit if you do not manufacture and sell any items? Show your work. Does this make sense? Explain why. - Using your classmates' profit equations, offer a value (number of objects sold) that gives a true profit and not a loss. How do you know this is true? Hint: compute the profit value and show your work. - Using your classmates' cost and revenue equations, use algebra to solve for the break-even point. Show your work.

Responses
For full credit, you are required to reply to two of your classmates' main posts.
Your replies should address the following:
- Check how your classmates put together their equations. If it is not correct, point out why. If it is, continue to the next point.
- Using your classmates' profit equations, what is the profit if you do not manufacture and sell any items? Show your work. Does this make sense? Explain why.
- Using your classmates' profit equations, offer a value (number of objects sold) that gives a true profit and not a loss. How do you know this is true? Hint: compute the profit value and show your work.
- Using your classmates' cost and revenue equations, use algebra to solve for the break-even point. Show your work.
Transcript text: Responses For full credit, you are required to reply to two of your classmates' main posts. Your replies should address the following: - Check how your classmates put together their equations. If it is not correct, point out why. If it is, continue to the next point. - Using your classmates' profit equations, what is the profit if you do not manufacture and sell any items? Show your work. Does this make sense? Explain why. - Using your classmates' profit equations, offer a value (number of objects sold) that gives a true profit and not a loss. How do you know this is true? Hint: compute the profit value and show your work. - Using your classmates' cost and revenue equations, use algebra to solve for the break-even point. Show your work.
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Solution

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To address the task, I'll provide a structured approach to responding to two hypothetical classmates' main posts regarding their profit equations. Since I don't have access to the actual posts, I'll create sample equations and demonstrate how to analyze them.

Classmate 1's Post:

Equations:

  • Cost Equation: \( C(x) = 50x + 200 \)
  • Revenue Equation: \( R(x) = 70x \)
  • Profit Equation: \( P(x) = R(x) - C(x) = 70x - (50x + 200) = 20x - 200 \)
Analysis:
  1. Equation Check:

    • The profit equation is correctly derived from the cost and revenue equations. The profit equation \( P(x) = 20x - 200 \) is accurate.
  2. Profit with Zero Items Sold:

    • \( P(0) = 20(0) - 200 = -200 \)
    • This result indicates a loss of $200 when no items are sold, which makes sense because the fixed cost of $200 is incurred regardless of sales.
  3. True Profit (No Loss):

    • To find a value where profit is positive, solve \( 20x - 200 > 0 \).
    • \( 20x > 200 \)
    • \( x > 10 \)
    • Selling more than 10 items results in a true profit. For example, if 11 items are sold:
      • \( P(11) = 20(11) - 200 = 220 - 200 = 20 \)
      • This confirms a profit of $20.
  4. Break-even Point:

    • Set \( P(x) = 0 \) to find the break-even point.
    • \( 20x - 200 = 0 \)
    • \( 20x = 200 \)
    • \( x = 10 \)
    • The break-even point is at 10 items, where costs equal revenue.
Classmate 2's Post:

Equations:

  • Cost Equation: \( C(x) = 30x + 150 \)
  • Revenue Equation: \( R(x) = 50x \)
  • Profit Equation: \( P(x) = R(x) - C(x) = 50x - (30x + 150) = 20x - 150 \)
Analysis:
  1. Equation Check:

    • The profit equation is correctly derived. The profit equation \( P(x) = 20x - 150 \) is accurate.
  2. Profit with Zero Items Sold:

    • \( P(0) = 20(0) - 150 = -150 \)
    • This indicates a loss of $150 when no items are sold, which is logical due to the fixed cost of $150.
  3. True Profit (No Loss):

    • To find a value where profit is positive, solve \( 20x - 150 > 0 \).
    • \( 20x > 150 \)
    • \( x > 7.5 \)
    • Selling more than 7.5 items results in a true profit. For example, if 8 items are sold:
      • \( P(8) = 20(8) - 150 = 160 - 150 = 10 \)
      • This confirms a profit of $10.
  4. Break-even Point:

    • Set \( P(x) = 0 \) to find the break-even point.
    • \( 20x - 150 = 0 \)
    • \( 20x = 150 \)
    • \( x = 7.5 \)
    • The break-even point is at 7.5 items, where costs equal revenue.
Summary:

Both classmates have correctly formulated their profit equations. The analysis shows that the profit equations logically reflect the costs and revenues, with break-even points and conditions for true profit accurately determined.

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