Answered: 35,000 30,000 Cx) = 10,000 + 30x %3!…

Name: The figure shows the graphs of the cost and revenue functions for a co
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Description: The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios.a.Use the formulas shown in the voice ballons to write the company’s profit function, P, from producing and selling x radios.b. Find

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section: Chapter Questions

Problem 54RE

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The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios.a.Use the formulas shown in the voice ballons to write the company’s profit function, P, from producing and selling x radios.b. Find the company’s profit if 10,000 radios are produced and sold.

35,000
30,000
Cx) = 10,000 + 30x
%3!
25,000
20,000
15,000
R[x) = 50x
%3!
10,000
5000
100 200 300 400 500 600 700
Radios Produced and Sold

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