Suppose the cost, in dollars, for Sam to produce x pizzas is given by the formula C(x) = 0.7x2+20x+1390 . Further, assume that the can sell each item at a price of 180 −0.3x . (a) Find the revenue function for the company: R(x) = (b) Find the profit function for the company: P(x) =
Suppose the cost, in dollars, for Sam to produce x pizzas is given by the formula C(x) = 0.7x2+20x+1390 . Further, assume that the can sell each item at a price of 180 −0.3x . (a) Find the revenue function for the company: R(x) = (b) Find the profit function for the company: P(x) =
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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Suppose the cost, in dollars, for Sam to produce x pizzas is given by the formula
C(x) = 0.7x2+20x+1390
. Further, assume that the can sell each item at a price of
180 −0.3x
.
(a) Find the revenue function for the company: R(x) =
(b) Find the profit function for the company: P(x) =
(c) Find the maximum profit for the company (round your answer to the nearest cent): $
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