Answer:
Part A) [tex]h(x)=15x-27,500[/tex] and [tex]g(x)=10x-15,250[/tex]
Part B) [tex]x=2,450\ items[/tex]
Part C) Both companies will have the same profit, selling 2,450 items each
Part D) The domain for h(x) is all whole numbers greater than or equal to 0 t-shirt and less than or equal to 10,000 t-shirts
Part E) The domain for g(x) is all whole numbers greater than or equal to 0 sports water bottle and less than or equal to 20,000 sports water bottles
Part F) The profit of the company Pura Vida Social, LLC could be greater than the profit of the company Algorithm Corp
Step-by-step explanation:
Part A) write expressions for h(x) and g(x)
Let
x ----> the number of items each company could sell
h(x) ----> total potential profit raised by Algorithm Corp
g(x) ----> total potential profit raised by Pura Vida Social, LLC.
we know that
The profit is equals to revenue minus costs
Algorithm Corp
The cost is $27,500
The revenue is the price of sell by the number of items -----> $15(x)
so
The total potential profit is
[tex]h(x)=15x-27,500[/tex]
Pura Vida Social, LLC
The cost is $15,250
The revenue is the price of sell by the number of items -----> $10(x)
so
The total potential profit is
[tex]g(x)=10x-15,250[/tex]
Part B) For what value of x does h(x)=g(x)
we have
[tex]h(x)=15x-27,500[/tex] -----> equation A
[tex]g(x)=10x-15,250[/tex] ----> equation B
Equate equation A and equation B and solve for x
[tex]15x-27,500=10x-15,250[/tex]
[tex]15x-10x=-15,250+27,500[/tex]
[tex]5x=12,250[/tex]
[tex]x=2,450\ items[/tex]
Part C) What does it mean for h(x)=g(x)
we know that
h(x)=g(x)
For x=2,450 items
Find the value of h(x)
[tex]h(2,450))=15(2,450)-27,500=\$9,250[/tex]
Find the value of g(x)
[tex]g(2,450)=10(2,450)-15,250=\$9,250[/tex]
When the company Algorithm Corp sells 2,450 t-shirts its profit is equal to $9,250
When the company Pura Vida Social, LLC sells 2,450 sports water bottles its profit is equal to $9,250
therefore
Both companies will have the same profit, selling 2,450 items each.
Part D) What is a reasonable domain for h(x)?
we know that
The variable x represent the number of t-shirts that the company Algorithm Corp, could sell
Remember that the company purchased 10,000 t-shirts
therefore
The domain for h(x) is
[tex]0 \leq x \leq 10,000[/tex]
All whole numbers greater than or equal to 0 t-shirt and less than or equal to 10,000 t-shirts
Part E) What is a reasonable domain for g(x)?
we know that
The variable x represent the number of sports water bottles that the company Pura Vida Social, LLC, could sell
Remember that the company purchased 20,000 sports water bottles
therefore
The domain for g(x) is
[tex]0 \leq x \leq 20,000[/tex]
All whole numbers greater than or equal to 0 sports water bottle and less than or equal to 20,000 sports water bottles
Part F) What do the domains tell us about this situation?
Algorithm Corp
[tex]h(x)=15x-27,500[/tex]
Domain -----> the interval [0,10,000]
For x=10,000
substitute in h(x)
[tex]h(10,000)=15(10,000)-27,500=\$122,500[/tex]
The maximum profit of this company could be $122,500
Pura Vida Social, LLC
[tex]g(x)=10x-15,250[/tex]
Domain -----> the interval [0,20,000]
For x=20,000
substitute in g(x)
[tex]g(20,000)=10(20,000)-15,250=\$184,750[/tex]
The maximum profit of this company could be $184,750
therefore
The profit of the company Pura Vida Social, LLC could be greater than the profit of the company Algorithm Corp