P(x) = 12x – 180
Given:
A company makes and sells charm bracelets.
The cost of producing x bracelets is represented by the function C(x) = 180 +
8x
The revenue earned from selling x bracelets is represented by the function
R(x) = 20x.
Explanation of terms:
For x bracelets,
Cost of production is C(x); C(x) = 180 + 8x
Revenue earned is R(x); R(x) = 20x.Profit made is P(x); P(x) is unknown
Profit made = Revenue earned – Cost of production
∴ P(x) = R(x) – C(x)
P(x) = 20x – (180 + 8x)
P(x) = 20x – 180 – 8x
P(x) = 12x – 180
The profit made from selling x bracelets is represented by the function
<em> P(x) = 12x – 180</em>
2.48 can be rounded pretty much any number between 2.45 to 2.5
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For that last part you can leave your answer as a fraction of -59/20 or you can divide 29 by -59 and you’ll get -2.95.
