The formulas below are the cost and revenue functions for a company that manufactures and sells small radios. C(x) = 108,000 +37x and R(x) = 43x a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 19,000 radios are produced and sold. a. The company's profit function is P(x) = (Simplify your answer.) b. The company's profit from selling 19,000 radios is $. (Simplify your answer.)
The formulas below are the cost and revenue functions for a company that manufactures and sells small radios. C(x) = 108,000 +37x and R(x) = 43x a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 19,000 radios are produced and sold. a. The company's profit function is P(x) = (Simplify your answer.) b. The company's profit from selling 19,000 radios is $. (Simplify your answer.)
ChapterP: Prerequisites
Section: Chapter Questions
Problem 17T: A T-shirt company can produce and sell x T-shirts per day. The total cost C (in dollars) for...
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