Suppose that the revenue R, in dollars, from selling x clocks is R ( x ) = 30x. The cost C, in dollars, of selling x clocks is C ( x ) = 0.1x2 + 7x + 400. Show all your work and explain in sentences. Find the profit function, P ( x ) = R ( x ) – C ( x ). Find the profit if x = 30 clocks are sold. Interpret P (30).
Suppose that the revenue R, in dollars, from selling x clocks is R ( x ) = 30x. The cost C, in dollars, of selling x clocks is C ( x ) = 0.1x2 + 7x + 400. Show all your work and explain in sentences. Find the profit function, P ( x ) = R ( x ) – C ( x ). Find the profit if x = 30 clocks are sold. Interpret P (30).
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 21T
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Suppose that the revenue R, in dollars, from selling x clocks is R ( x ) = 30x. The cost C, in dollars, of selling x clocks is C ( x ) = 0.1x2 + 7x + 400. Show all your work and explain in sentences.
- Find the profit function, P ( x ) = R ( x ) – C ( x ).
- Find the profit if x = 30 clocks are sold.
- Interpret P (30).
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