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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.)

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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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.)
Transcribed Image Text: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.)
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