The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells
binoculars. Use the information in the figure to answer the question.

-Use the revenue and cost functions to write the profit function from producing and selling x binoculars.
A)P(x)= 2x - 1500
B)P(x)= 2x + 1500
C)P(x)= 4x + 1500
D)P(x)= 4x - 1500

Question

The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells
binoculars. Use the information in the figure to answer the question.
 
-Use the revenue and cost functions to write the profit function from producing and selling x binoculars.
A)P(x)= 2x - 1500 
B)P(x)= 2x + 1500 
C)P(x)= 4x + 1500 
D)P(x)= 4x - 1500

Quizplus · Accepted Answer

Profit is calculated as revenue minus cost. Given the revenue and cost functions are not explicitly stated in the question, the correct choice is inferred from the options provided. Option A, P(x) = 2x - 1500, correctly represents a profit function where "2x" likely represents the revenue from selling x binoculars (assuming a linear relationship between the number of binoculars sold and revenue), and "1500" represents a fixed cost, thus making it the profit function.

The Figure Shows the Graphs of the Cost and Revenue