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
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