2 answers:
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Given , revenue function :
Cost function
Profit = Revenue - Cost
Hence, P = R(x) - C(x)
Total revenue for x = 12000 is
Total cost for x = 12000,
Profit = 60000-28500 = 31500
Answer = 31500
Given , revenue function :
Cost function
Profit = Revenue - Cost
Hence, P = R(x) - C(x)
Total revenue for x = 12000 is
Total cost for x = 12000,
Profit = 60000-28500 = 31500
Answer = 31500