Use more than, less than, or equal to. –5/3 is ___ 0.27.
2 answers:
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The profit function is the difference between the cost and revenue functions
The profit function is
The functions are given as:
- Cost function: C(x) =0.6x + 15000
- Revenue function: R(x) =1.25x
The profit function is then calculated as:
So, we have:
Evaluate the differences
Hence, the profit function is
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