word problem C(x), R(x)

Question

Given the cost function, C(x), and the revenue function, R(x), write the profit function, R(x), write the profit function from producing and selling x units of the product.

C(x)=4000x+84,000

R(x)=10,000x                                                             

Answer 1

Profit = Revenue - Costs

 

P(x) = R(x) - C(x)

 

= 10,000x - 4000x - 84,000

 

= 6000x - 84,000