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mpany's profits \( P \) are modeled by the inequality: \[ 10 x-3 \leq P \leq 15 x+5 \]

Ask by Edwards Vega. in South Africa
Jan 23,2025

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The company's profits \( P \) are between \( 10x - 3 \) and \( 15x + 5 \).

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It looks like you've provided an inequality that models a company's profits \( P \) based on some variable \( x \): \[ 10x - 3 \leq P \leq 15x + 5 \] To better assist you, I'll break down what this inequality represents and explore possible interpretations and applications. If you have a specific question or context in mind, please let me know! ### Understanding the Inequality 1. **Components of the Inequality:** - **Lower Bound:** \( 10x - 3 \) - **Upper Bound:** \( 15x + 5 \) - **Profit \( P \):** Satisfies \( 10x - 3 \leq P \leq 15x + 5 \) 2. **Interpretation:** - The profit \( P \) is not a single fixed value but lies within a range determined by \( x \). - **Variable \( x \):** Represents an independent variable that affects the profit. The exact meaning of \( x \) depends on the context (e.g., number of units sold, hours worked, etc.). ### Possible Scenarios and Applications 1. **Determining Profit Range for a Given \( x \):** - For a specific value of \( x \), you can calculate the minimum and maximum possible profits. **Example:** If \( x = 10 \), \[ \begin{align*} \text{Minimum Profit} &= 10(10) - 3 = 100 - 3 = 97 \\ \text{Maximum Profit} &= 15(10) + 5 = 150 + 5 = 155 \\ \end{align*} \] So, \( P \) would be between \$97 and \$155. 2. **Solving for \( x \) Given a Desired Profit Range:** - If you have a target profit and want to find the range of \( x \) that achieves it, you can solve the inequalities accordingly. **Example:** Suppose you want the profit \( P \) to be at least \$50. \[ 10x - 3 \leq P \leq 15x + 5 \\ \] For \( P \geq 50 \): \[ 10x - 3 \geq 50 \implies 10x \geq 53 \implies x \geq 5.3 \] and \[ 15x + 5 \geq 50 \implies 15x \geq 45 \implies x \geq 3 \] Since \( x \) must satisfy both conditions, \( x \geq 5.3 \) ensures \( P \geq 50 \). 3. **Graphical Representation:** - You can graph the inequalities on a coordinate plane with \( x \) on the horizontal axis and \( P \) on the vertical axis. - The area between the lines \( P = 10x - 3 \) and \( P = 15x + 5 \) represents all the possible profit values for each \( x \). ![Profit Inequality Graph](https://i.imgur.com/yourimagelink.png) *(Replace with an actual graph if needed)* 4. **Analyzing Sensitivity:** - Understanding how changes in \( x \) affect the profit range. - For instance, increasing \( x \) expands both the minimum and maximum possible profits. ### Additional Considerations - **Contextual Meaning of \( x \):** To provide more tailored assistance, knowing what \( x \) represents in your scenario (e.g., production units, sales volume, time) would be helpful. - **Potential Restrictions on \( x \):** Depending on the real-world situation, there might be logical constraints on \( x \) (e.g., \( x \) must be a non-negative integer). - **Optimization:** - If you're looking to optimize profit, understanding whether minimizing or maximizing \( x \) leads to desirable outcomes within the given bounds can be useful. ### Next Steps If you have a specific question related to this inequality—such as solving for \( x \), interpreting results in a particular context, or applying it to a real-world scenario—please provide more details, and I'd be happy to help further!

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Did you know that inequalities like this one can be used to determine feasible profit ranges based on varying levels of production or sales? In this case, \(x\) could represent the number of units sold. The lower bound represents the minimum profit at a specific sales volume, while the upper bound shows the maximum potential profit. Understanding these ranges helps companies make informed operational decisions! When working with inequalities, a common mistake is forgetting that the same \(x\) value applies to both bounds of the inequality. Make sure to use the same unit count when analyzing both ends to avoid confusion. Also, always double-check your calculations to ensure proper boundary identification, so you don’t misinterpret the potential profits!

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