Solved

Solve the Problem. -In Economics, Functions That Involve Revenue, Cost and Profit Are

Question 46

Multiple Choice

Solve the problem.
-In economics, functions that involve revenue, cost and profit are used. Suppose R(x) and C(x) denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x) = R(x) - C(x)
Represents the total profit for producing x widgets. Given Solve the problem. -In economics, functions that involve revenue, cost and profit are used. Suppose R(x)  and C(x)  denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x)  = R(x)  - C(x)  Represents the total profit for producing x widgets. Given   and C(x)  = 3x + 13, find P(100) . A)  313 B)  2000 C)  55687 D)  1687 and C(x) = 3x + 13, find P(100) .


A) 313
B) 2000
C) 55687
D) 1687

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions