Suppose that the revenue R, in dollars, from selling x
Chapter 2, Problem 104(choose chapter or problem)
Suppose that the revenue R, in dollars, from selling x clocks is R(x) = 30x. The cost C, in dollars, of selling x clocks is C(x) = 0.1x2 + 7x + 400. (a) Find the profit function, P(x) = R(x) - C(x). (b) Find the profit if x = 30 clocks are sold. (c) Interpret P(30).
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