Profit is equal to the revenue obtained from selling items minus the cost of producing those items, i.e. P(x) = R(x) – C(x) wher e x is the number of items produced. If C(x) = 0.5x + 3 and R(x) = 2.5x, what should the production level, x, be to generate a profit of $99?
2 answers:
P(x)=R(x)-C(x)
Answer:P(x) = 2x-3 = 99
x = 102/2 = 51
Answer B
Step-by-step explanation:
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