It Can Benefit Them Because This Generation Uses Technology And Such We Don't Live In A Primary Source World Where We Write Letters And Send Them Away To Where Ever Country , We A Secondary Country Because Now We Use Technology And We Are More Advance With Things Which Benefits Us Even More In Bigger And Better Ways
Assuming that this company sells all that it produces, the profit function would be given by P(x) = -0.5(x - 100)² + 5,000 - 50x - 100.
<h3>What is profit?</h3>
In Economics, profit can be defined as a measure of the amount of money (revenue) that is generated when the selling price is deducted from the cost price of a good or service, which is usually provided by producers.
This ultimately implies that, all producers generally work to maximize their profits and make them as large as possible, in order to enable them break even and successful.
Mathematically, the profit function P(x) of a business firm simply refers to the revenue function R(x) minus the cost function C(x):
P(x) = R(x) - C(x)
Where:
- R(x) represents how much it takes in.
- C(x) represents how much it spends.
Substituting the given parameters into the formula, we have;
P(x) = -0.5(x - 100)² + 5,000 - (50x + 100)
P(x) = -0.5(x - 100)² + 5,000 - 50x - 100
Read more on maximized profit here: brainly.com/question/13800671
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When reading difficult content you should- Survey the chapter.
Surveying the chapter allows you to better interpret the literary text and therefore be able to answer the following questions or summarize.
Hope I helped,
-CSX :)
<span>It is a Compound machine.</span>
