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1 August, 06:10

Video games sold: x

Revenue function: R (x) = 60x

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

Profit function: Px) =

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  1. 1 August, 07:53
    0
    Profit P (x) = 53x-12 and On selling 20 video games profit will be 1048.

    Step-by-step explanation:

    In the given question functions are Revenue function : R (x) = 60x and Cost function : C (x) = 12+7x for the sale of x video games

    As we know profit = sale price - cost price

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

    Or P (x) = (R-C) x = 60x - (12+7x)

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

    P (x) = 53x - 12

    Now the profit on selling 20 video games will be

    P (20) = 53*20 - 12 = 1060 - 12 = 1048.
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