Algebra word

Question

A firm is considering a new product. The accounting department estimates that the total cost, C (x), of producing x units will be C(x)=90+8,660. The sales department estimates that the revenue, R(x), from selling x units will be R(x)=100x, but that no more than 699 units can be sold at that price. Find and interpet (R-C)(699).

Answer 1

(R - C)(699) =

 

R(699) - C(699)

 

 

This is the revenue received when 699 units are produced.

 

Revenue = [100(699)] - [90 - 8660]

 

 

Note:  Your C(X) function has no x term.  You need to fix that and then compute the revenue.