Math Problem Statement

A TV manufacturer has the total cost function C(x)=72x+3600 (in dollars). The manufacturer sells the TVs to consumers for $372 each.  Let x represent the number of TVs manufactured and sold. 

What is the manufacturer's revenue function, R(x)?   R(x)=

What is the manufacturer's simplified profit function, P(x)?   P(x)=

What is the revenue from selling 336 items?   $

What is the cost of producing 336 items?   $  

What is the profit on 336 items?   $

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Functions
Revenue Calculation
Profit Calculation
Algebra

Formulas

Revenue function: R(x) = 372x
Cost function: C(x) = 72x + 3600
Profit function: P(x) = R(x) - C(x) = 300x - 3600

Theorems

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Suitable Grade Level

Grades 9-11