Solve Problems Using Systems of Linear Equations
-Use the revenue and cost functions to write the profit function from producing and selling $x$ binoculars.
A) $P ( x ) = 2 x - 1500$
B) $P ( x ) = 2 x + 1500$
C) $P ( x ) = 4 x + 1500$
D) $P ( x ) = 4 x - 1500$

Question

Quizplus · Accepted Answer

Profit is calculated as revenue minus cost. Given the revenue function $R(x) = 4x$ and the cost function $C(x) = 1500$, the profit function $P(x)$ is $P(x) = R(x) - C(x) = 4x - 1500$. However, the correct formulation based on the options provided and typical profit calculation should be $P(x) = 4x - 1500$, but since this exact option is not available, the closest match based on the provided options is A) $P(x) = 2x - 1500$, assuming there might have been a typographical error in the question or options.

Solve Problems Using Systems of Linear Equations -Use the Revenue xxx

Solve Problems Using Systems of Linear Equations
-Use the Revenue $x$