Use the revenue and cost functions below, to answer parts (A). (B). and (C). (C) Choose the best graph of the profit function using the points from the table. R(x) = 75x- 3x 1sxs20 O A. OB. C(x) = 125 + 15x 1sxs20 200 (A) What is the profit function? Q P(x) = O -200- -200- What is the domain of the profit function? O A. (0,75] O B. [0,163] OC. (1,20] OD. [0,20] Oc. OD. 200 200 (B) Complete the table. x (Millions) Profit P(x) (Millions S) - 68 4 8 12 16 20
Use the revenue and cost functions below, to answer parts (A). (B). and (C). (C) Choose the best graph of the profit function using the points from the table. R(x) = 75x- 3x 1sxs20 O A. OB. C(x) = 125 + 15x 1sxs20 200 (A) What is the profit function? Q P(x) = O -200- -200- What is the domain of the profit function? O A. (0,75] O B. [0,163] OC. (1,20] OD. [0,20] Oc. OD. 200 200 (B) Complete the table. x (Millions) Profit P(x) (Millions S) - 68 4 8 12 16 20
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.2P
Related questions
Question
![Use the revenue and cost functions below, to answer parts (A), (B), and (C.
(C) Choose the best graph of the profit function using the points from the table.
R(x) = 75x – 3x?
1sxs20
Ο Α.
OB.
C(x) = 125 + 15x
1sxs20
200-
200-
(A) What is the profit function?
P(x) =
-200-
-200-
What is the domain of the profit function?
O A. [0,75]
О В. [0,163]
OC. [1,20]
O D. [0,20]
OC.
OD.
200-
200-
24
-200-
-200-
(B) Complete the table.
Profit
P(x) (Millions $)
- 68
x (Millions)
1
4
8
12
16
20](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6b2d2087-0413-432e-842b-e7bfa6e336f7%2F44f04464-0d69-4d9b-b1c6-20ed8c0a01a0%2F0a7ze9r_processed.png&w=3840&q=75)
Transcribed Image Text:Use the revenue and cost functions below, to answer parts (A), (B), and (C.
(C) Choose the best graph of the profit function using the points from the table.
R(x) = 75x – 3x?
1sxs20
Ο Α.
OB.
C(x) = 125 + 15x
1sxs20
200-
200-
(A) What is the profit function?
P(x) =
-200-
-200-
What is the domain of the profit function?
O A. [0,75]
О В. [0,163]
OC. [1,20]
O D. [0,20]
OC.
OD.
200-
200-
24
-200-
-200-
(B) Complete the table.
Profit
P(x) (Millions $)
- 68
x (Millions)
1
4
8
12
16
20
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