SOLUTION: I am trying to figure out this word problem. any help is greatly appreciated. The cost C of producing x units of a product is C = 15 + 26x. The revenue R for selling x units

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Question 52609: I am trying to figure out this word problem. any help is greatly appreciated.
The cost C of producing x units of a product is C = 15 + 26x. The revenue R for selling x units is . The profit P is the difference between revenue and cost.
(a) Perform the subtraction required to find the polynomial representing profit P.
(b) Determine the profit when 14 units are produced and sold.

Answer by stanbon(48558) (Show Source):
You can put this solution on YOUR website!
The cost C of producing x units of a product is C = 15 + 26x. The revenue R for selling x units is . The profit P is the difference between revenue and cost.
(a) Perform the subtraction required to find the polynomial representing profit P.
(b) Determine the profit when 14 units are produced and sold.
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Revenue = x(Cost)
= 15x+26x^2
Profit = Revenue - Cost
= 26x^2+15x - (26x+15)
= 26x^2-10x-15
Profit(14)= 26(14)^2-10(14)-15
=$4941.00
Cheers,
Stan H.