Math Problem Statement

Suppose a computer manufacturer has the total cost function

C(x)=85x+9504 

and the total revenue function

 R(x)=382x  (in dollars).

(a) What is the equation of the profit function P(x) for this commodity?  (Simplify your answer)

P(x)=   

(b) What is the profit on 253 items?

 P(253)=  

(c) How many fans must be sold to avoid losing money?

 items

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Profit Function
Linear Equations

Formulas

Profit function: P(x) = R(x) - C(x)
Revenue function: R(x) = 382x
Cost function: C(x) = 85x + 9504

Theorems

-

Suitable Grade Level

Grades 10-12