You are a personnel director and are interested in predicting the Number of Shares of Company Stock (Y) using the Number of Year
1 answer:
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Given:
The Revenue function R(x):
The cost function C(x) :
Solution
1. Profit is the difference between the revenue and the cost. Hence, the Profit function P(x) is:
2. The vertical intercept of P(x) can be obtained by substituting x =0 into P(x)
Ordered Pair : (0, -1240)
If the company sells no items, they would lose $ 1240
