SOLUTION: Solve the problem. An-Mei owns a business making and selling jackets. She has a fixed cost of $1190. It costs $92 to produce each jacket. The selling price is $109 per jacket. L

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: Solve the problem. An-Mei owns a business making and selling jackets. She has a fixed cost of $1190. It costs $92 to produce each jacket. The selling price is $109 per jacket. L      Log On


   



Question 468582: Solve the problem.
An-Mei owns a business making and selling jackets. She has a fixed cost of $1190. It costs $92 to produce each jacket. The selling price is $109 per jacket. Let x represent the number of jackets produced and sold and write the cost function, C, and revenue function, R.

Answer by nerdybill(7384) About Me  (Show Source):
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An-Mei owns a business making and selling jackets. She has a fixed cost of $1190. It costs $92 to produce each jacket. The selling price is $109 per jacket. Let x represent the number of jackets produced and sold and write the cost function, C, and revenue function, R.
.
Cost Function:
C(x) = 92x + 1190
.
Revenue function:
R(x) = 109x - (92x + 1190)
R(x) = 17x - 1190