SOLUTION: Find the expression for the profit in making and selling x items of a product if costs are given by the expression 33,000 + 5.75x and revenues are given by the expression 14.99x.

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Question 1172118: Find the expression for the profit in making and selling x items of a product if costs are given by the
expression 33,000 + 5.75x and revenues are given by the expression 14.99x.

Answer by ikleyn(52864)   (Show Source): You can put this solution on YOUR website!
.

By the definition, the profit is the revenue MINUS the cost.


So, according to this definition,


    R(x) = 14.99x - (33000+5.75x) = 9.24x - 33000  monetary units.    ANSWER

Solved and explained.

It is very elementary problem/question to check if the reader does know/(does understand)
the basic conceptions in finance/money.



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