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19 November, 21:09

Video games sold: x

Revenue function: R (x) = 60x

Cost function: C (x) = 12 + 7x

Profit function: P (x) =

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  1. 19 November, 21:52
    0
    We are given

    x as the number of video games sold

    the function for the revenue

    and the function or the cost

    We are asked fro the profit function.

    Profit has the general formula

    Profit = Revenue - Cost

    Substituting

    P (x) = R (x) - C (x)

    P (x) = 60x - (12 + 7x)

    P (x) = 60x - 12 - 7x

    P (x) = 53x - 12
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