For a certain company, the cost function for producing x items is c (x)=50x+150 and the revenue function for selling x items is R(x)=-.5(x-110)^2+6050. The maximum capacity of the company is 140 items. Assuming that the company sells all that it produces, what is the profit function?
For a certain company, the cost function for producing x items is c (x)=50x+150 and the revenue function for selling x items is R(x)=-.5(x-110)^2+6050. The maximum capacity of the company is 140 items. Assuming that the company sells all that it produces, what is the profit function?
For a certain company, the cost function for producing x items is c (x)=50x+150 and the revenue function for selling x items is R(x)=-.5(x-110)^2+6050. The maximum capacity of the company is 140 items. Assuming that the company sells all that it produces, what is the profit function?
For a certain company, the cost function for producing x items is c (x)=50x+150 and the revenue function for selling x items is R(x)=-.5(x-110)^2+6050. The maximum capacity of the company is 140 items. Assuming that the company sells all that it produces, what is the profit function?
Expression, rule, or law that gives the relationship between an independent variable and dependent variable. Some important types of functions are injective function, surjective function, polynomial function, and inverse function.
Expert Solution
Step 1
It is given that c(x)=50x+150 and R(x)=-0.5(x-110)2+6050.
