Answer:
P(x) = -0.4 + 100
- 300
+ 500
Step-by-step explanation:
C(x) = 600 + 300
R(x) = -0.4 + 700
- 600
+ 500
P(x) = R(x) - C(x)
(-0.4 + 700
- 600
+ 500) - (600
+ 300
)
= -0.4 + 100
- 300
+ 500
This should be the answer.
Answer:
a) where
b) where
c)
Step-by-step explanation:
Sale price of chocolates = $1.80 per chocolate
Fixed cost for the Chocolate Shoppe per week = $450
Cost to produce one chocolate = $0.60
Cost to produce chocolates = $0.60
a) Cost function to represent the total cost for the production of chocolates :
where
b) Revenue function to represent the revenue from the sale of chocolates:
where
c) Profit function to represent Charlie's profit from selling chocolates:
Profit is nothing but revenue minus sales.