Question

A small publishing company is releasing a new book. The production costs will include a one-time fixed cost for editing and an additional cost for each book
printed. The total production cost C (in dollars) is given by the function C-550 +15.95N, where N is the number of books,
The total revenue earned (in dollars) from selling the books is given by the function R=31.90N.
Let P be the profit made (in dollars). Write an equation relating P to N. Simplify your answer as much as possible.

Please answer me ASAP I need an answer.

Answer 1

Answer:

• P = 15.95N - 550

Step-by-step explanation:

The profit is the difference between the revenue and the total cost:

• P = R - C

Substitute values:

• P = 31.90N - (550 + 15.95N)
• P = 31.90N - 15.95N - 550
• P = 15.95N - 550