The total revenue function for a certain product is given by R= 870x dollars, and the total cost function for this product is C= 15,000 + 30x + x dollars, where x is the number of units of the product that are produced and sold. a. Which function is quadratic, and which is linear? b. Find the profit function for this product from these two functions. c. Is the profit function a linear function, a quadratic function, or neither of these? a. Choose the correct answer below. O A. The total revenue function is quadratic and the total cost function is linear. O B. The total cost function is quadratic and the total revenue function is linear. 1136 M arch
The total revenue function for a certain product is given by R= 870x dollars, and the total cost function for this product is C= 15,000 + 30x + x dollars, where x is the number of units of the product that are produced and sold. a. Which function is quadratic, and which is linear? b. Find the profit function for this product from these two functions. c. Is the profit function a linear function, a quadratic function, or neither of these? a. Choose the correct answer below. O A. The total revenue function is quadratic and the total cost function is linear. O B. The total cost function is quadratic and the total revenue function is linear. 1136 M arch
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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