Solve the problem.
-Given the cost function, C(x), and the revenue function, R(x), write the profit function from producing and selling x units of the product. $$\begin{array} { l }
C ( x ) = 59 x + 1430 \
R ( x ) = 70 x
\end{array}$$
A) $P ( x ) = - 11 x + 1430$
B) $P ( x ) = - 11 x - 1430$
C) $P ( x ) = 11 x - 1430$
D) $P ( x ) = 11 x + 1430$

Question

Solve the problem.
-Given the cost function, C(x), and the revenue function, R(x), write the profit function from producing and selling x units of the product. $$\begin{array} { l } 
C ( x ) = 59 x + 1430 \
R ( x ) = 70 x
\end{array}$$
A) $P ( x ) = - 11 x + 1430$
B) $P ( x ) = - 11 x - 1430$
C) $P ( x ) = 11 x - 1430$
D) $P ( x ) = 11 x + 1430$

Quizplus · Accepted Answer

The profit function $P(x)$ is calculated as the revenue function $R(x)$ minus the cost function $C(x)$. So, $P(x) = R(x) - C(x) = 70x - (59x + 1430) = 11x - 1430$.

Solve the Problem C(x)=59x+1430R(x)=70x\begin{array} { l } C ( x ) = 59 x + 1430 \\R ( x ) = 70 x\end{array}C(x)=59x+1430R(x)=70x​

Solve the Problem $\begin{array} { l } C ( x ) = 59 x + 1430 \\R ( x ) = 70 x\end{array}$