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
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.CR: Review Problem Set
Problem 24CR: An outpatient operating room charges each patient a fixed amount per surgery plus an amount per...
Related questions
Topic Video
Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2bd0621b-e869-4605-87a7-35520bccd442%2Fa9286144-6a52-447c-86b6-934e377414e0%2F4lmxhvc.jpeg&w=3840&q=75)
Transcribed Image Text: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
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Intermediate Algebra](https://www.bartleby.com/isbn_cover_images/9781285195728/9781285195728_smallCoverImage.gif)
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
![Algebra for College Students](https://www.bartleby.com/isbn_cover_images/9781285195780/9781285195780_smallCoverImage.gif)
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
![Intermediate Algebra](https://www.bartleby.com/isbn_cover_images/9781285195728/9781285195728_smallCoverImage.gif)
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
![Algebra for College Students](https://www.bartleby.com/isbn_cover_images/9781285195780/9781285195780_smallCoverImage.gif)
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Algebra: Structure And Method, Book 1](https://www.bartleby.com/isbn_cover_images/9780395977224/9780395977224_smallCoverImage.gif)
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell