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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.

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    Analysis of Profit Function Based on Number of Items Sold Annual profit in thousands of dollars is given by the function, P(x) = 100*sqrt(x – 5) + 3000, where x is the number of items sold, x ≥ 5. 1. Describe the meaning of the number 5 in the formula. 2. Describe the meaning of the number 3000 in the formula. Use a complete sentence or sentences. 3. Find the profit for 6 different values of x (show your work). PLEASE use x = 5, 69, 105, 230, 366, and 489 and make a table using Microsoft Excel.

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