Let C(x) = -0.75x + 20,000 and R(x)= -1.50x then the profit function exists noted as P(x) = R(x) - C(x)
P(x) = -1.50x - (-0.75)x + 20,000
P(x) = -0.75x + 20000
Therefore, the profit function exists -0.75x + 20000.
<h3>How to find profit function?</h3>
The profit function can be estimated by subtracting the cost function from the revenue function. Let profit be expressed as P(x), the revenue as R(x), the cost as C(x), and x as the number of items traded. Then the profit function exists noted as P(x) = R(x) - C(x).
Given:
C(x) = -0.75x+20,000 and R(x)= -1.50x
P(x) = R(x) - C(x)
= -1.50x - (-0.75)x + 20,000
= -1.50x + 0.75x + 20,000
Apply rule -(-a) = a
= -1.5x + 0.75x + 20000
Add similar elements:
-1.5 x + 0.75x = -0.75x
P(x) = -0.75x + 20000
Therefore, the profit function exists -0.75x + 20000.
To learn more about profit function refer to:
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