Profit Function Suppose that the revenue R, in dollars,from selling x clocks is R1x2 = 30x. The cost C, in dollars, ofselling x clocks is C1x2 = 0.1x2 + 7x + 400.(a) Find the profit function, P1x2 = R1x2 - C1x2.(b) Find the profit if x = 30 clocks are sold.(c) Interpret P1302.
Profit Function Suppose that the revenue R, in dollars,from selling x clocks is R1x2 = 30x. The cost C, in dollars, ofselling x clocks is C1x2 = 0.1x2 + 7x + 400.(a) Find the profit function, P1x2 = R1x2 - C1x2.(b) Find the profit if x = 30 clocks are sold.(c) Interpret P1302.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.CR: Chapter Review
Problem 80E
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Profit Function Suppose that the revenue R, in dollars,
from selling x clocks is R1x2 = 30x. The cost C, in dollars, of
selling x clocks is C1x2 = 0.1x2 + 7x + 400.
(a) Find the profit function, P1x2 = R1x2 - C1x2.
(b) Find the profit if x = 30 clocks are sold.
(c) Interpret P1302.
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