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22 February, 05:45

A ceramics store manufactures and sells coffee mugs. The revenue r (x) from the sale of x coffee mugs is given by r (x) - 6.5x. Suppose the function for the cost of manufacturing x coffee mugs is c (x) = 0.75x + 1850. A. Find the profit on 500,1000, and 5000 coffee mugs. B. Write the Profit Function

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  1. 22 February, 07:36
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    Step-by-step explanation:

    The revenue r (x) from the sale of x coffee mugs is given by

    r (x) = 6.5x

    the function for the cost of manufacturing x coffee mugs is c (x) = 0.75x + 1850.

    Profit = Revenue - cost

    P (x) = r (x) - c (x)

    P (x) = 6.5x - (0.75x + 1850)

    P (x) = 6.5x - 0.75x - 1850

    P (x) = 5.75x - 1850

    A) profit when x = 500 is

    P = 5.75 * 500 - 1850

    P = 2875 - 1850

    P = 1025

    profit when x = 1000 is

    P = 5.75 * 1000 - 1850

    P = 5750 - 1850

    P = 3900

    profit when x = 5000 is

    P = 5.75 * 5000 - 1850

    P = 28750 - 1850

    P = 26900

    B) The profit function would be

    P (x) = r (x) - c (x)

    P (x) = 5.75x - 1850
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