A company has monthly fixed costs of $14,000. The production cost of each item is $21 and each item sells for $33. Le x be the number of items that are produced and sold. Answer each of the following. Enter all answers below in slope-intercept form, using exact numbers. a. What is the company's monthly cost function? C(x) = b. What is the company's monthly revenue function? R(x) = c. What is the company's monthly profit function? P(x) =

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
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A company has monthly fixed costs of $14,000. The production cost of each item is $21 and each item sells for $33. Let
x be the number of items that are produced and sold.
Answer each of the following. Enter all answers below in slope-intercept form, using exact numbers.
a. What is the company's monthly cost function?
C(r) =
b. What is the company's monthly revenue function?
R(x) =
c. What is the company's monthly profit function?
P(x) =
Transcribed Image Text:Turned in automatically when late period enc 3 attempts remaining. A company has monthly fixed costs of $14,000. The production cost of each item is $21 and each item sells for $33. Let x be the number of items that are produced and sold. Answer each of the following. Enter all answers below in slope-intercept form, using exact numbers. a. What is the company's monthly cost function? C(r) = b. What is the company's monthly revenue function? R(x) = c. What is the company's monthly profit function? P(x) =
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