MC=40P
MR=1000-10P
Solve for P
40P=1000-10P=
50P=1000
P=20
???
looks right to me.
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To solve for P, we need to solve the equation 40P = 1000 - 10P.
To do this, we want to isolate the variable P on one side of the equation.
First, let's combine like terms by adding 10P to both sides of the equation:
40P + 10P = 1000 - 10P + 10P
This simplifies to:
50P = 1000
Now, to isolate P, we need to divide both sides of the equation by 50:
(50P) / 50 = 1000 / 50
P = 20
Therefore, the value of P that solves the equation is P = 20.