A pretzel factory has daily fixed costs of $2100. In addition, it costs 30 cents to produce each bag of pretzels. A bag of pretzels sells for $1.60. Complete step (a) (c) below. C... (a) Find the rule for the cost function c(x) that gives the total daily cost of producing x bags of pretzels. c(x) = =(Simplify your answer.) (b) Find the rule of the revenue function r(x) that gives the daily revenue from selling x bags of pretzels. r(x) = (Simplify your answer.) (c) Find the rule of the profit function p(x) that gives the daily profit from x bags of pretzels. p(x) = (Simplify your answer.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 158E: The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The...
icon
Related questions
Question
←
A pretzel factory has daily fixed costs of $2100. In addition, it costs 30 cents to produce each bag of pretzels. A bag of pretzels sells for $1.60. Complete steps
(a) (c) below.
(a) Find the rule for the cost function c(x) that gives the total daily cost of producing x bags of pretzels.
c(x) =
(Simplify your answer.)
(b) Find the rule of the revenue function r(x) that gives the daily revenue from selling x bags of pretzels.
r(x) = (Simplify your answer.)
(c) Find the rule of the profit function p(x) that gives the daily profit from x bags of pretzels.
p(x) = (Simplify your answer.)
Transcribed Image Text:← A pretzel factory has daily fixed costs of $2100. In addition, it costs 30 cents to produce each bag of pretzels. A bag of pretzels sells for $1.60. Complete steps (a) (c) below. (a) Find the rule for the cost function c(x) that gives the total daily cost of producing x bags of pretzels. c(x) = (Simplify your answer.) (b) Find the rule of the revenue function r(x) that gives the daily revenue from selling x bags of pretzels. r(x) = (Simplify your answer.) (c) Find the rule of the profit function p(x) that gives the daily profit from x bags of pretzels. p(x) = (Simplify your answer.)
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL