The annual cost C (in thousands of dollars) and revenue R (in thousands of dollars) for a company each year from 2010 through 2016 can be approximated by the models C = 256 – 9t + 1.1t2 and R = 341 + 3.2t where t is the year, with t = 10 corresponding to 2010. (a) Write a function P that represents the annual profit of the company. P(t) =

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The annual cost C (in thousands of dollars) and revenue R (in thousands of dollars) for a company each year from 2010 through 2016 can be approximated by the models
C = 256
9t + 1.1t2
and
341 + 3.2t
R =
|
where t is the year, with t = 10 corresponding to 2010.
(a) Write a function P that represents the annual profit of the company.
P(t)
Transcribed Image Text:The annual cost C (in thousands of dollars) and revenue R (in thousands of dollars) for a company each year from 2010 through 2016 can be approximated by the models C = 256 9t + 1.1t2 and 341 + 3.2t R = | where t is the year, with t = 10 corresponding to 2010. (a) Write a function P that represents the annual profit of the company. P(t)
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