Profit is the difference between revenue and cost. The revenue, in dollars, of a company that manufactures cell phones can be mo
1 answer:
Answer:
- The profit can be expressed as 70x + 50
- If 240 phones are sold, the profit amounts to $16,850
Detailed explanation:
The revenue function R(x) is provided as
The cost function C(x) is given as
Profit is calculated by subtracting cost from revenue, expressed as Profit = Revenue − Cost
We substitute the given revenue and cost functions into this formula.
Denote the profit function as P(x).
Therefore, the profit function formula simplifies to 70x + 50
Since x denotes the quantity of phones sold, to find the profit when 240 phones are sold, we substitute x = 240 into the profit expression above.
Hence, selling 240 phones yields a profit of $16,850
You might be interested in
Answer:
Comprehensive explanation:
Let's denote
x -----> the number of daysandy ----> the remaining minutes for Yuson
We know that
The linear equation in slope-intercept form can be represented as
here
m indicates the slope
b represents the y-coordinate of the y-intercept (starting value)
In this scenario, we have
The slope is defined as
----> negative, as it indicates a decreasing function
----> initial value
substituting the values
Answer:
The cost for a 2,000 square foot house is
Detailed explanation:
Recall that if two variables x and y vary directly, the relationship can be written as or
.
Define:
x as the house area in square feet
y as the price of the house
Given point (1500, 300000)
Calculate proportionality constant k:
Insert values:
The direct variation equation is:
For x = 2000:
Calculate y:
Replace x in equation: