QUESTION IMAGE
Question
select the correct answer.
an entrepreneur estimates his total profit (total revenue minus total cost) for his proposed company as \\(p(x) = x^3 - 4x^2 + 5x - 20\\), where \\(p\\) is in hundreds of dollars and \\(x\\) is number of years the company has been in business. in which year (\\(x\\)) will the entrepreneur break even?
- year 1
- year 2
- year 3
- year 4
Set the profit function to zero for break-even
$$
p(x) = x^3 - 4x^2 + 5x - 20 = 0
$$
Factor the polynomial by grouping
$$
LATEXBLOCK0
$$
Solve for real roots of x
$$
LATEXBLOCK1
$$
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- year 1
- year 2
- year 3
- year 4 (Correct answer)