Suppose a publishing company estimates that its monthly cost is
C(x) = 600x2 + 300x and its monthly revenue is
R(x) = -0.423 + 700x2 – 600x + 500, where x is in thousands of
books sold. The profit is the difference between the revenue and the cost.
What is the profit function, P(x)?.

Question

07-06-2021
Mathematics

Answered

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Suppose a publishing company estimates that its monthly cost is
C(x) = 600x2 + 300x and its monthly revenue is
R(x) = -0.423 + 700x2 – 600x + 500, where x is in thousands of
books sold. The profit is the difference between the revenue and the cost.
What is the profit function, P(x)?.

Sagot :

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