SOLUTION: How do I use this function P(x)= R(x) - C(x) to find the profit Revenue 1,118, Cost 505, Variable cost 50 Thank you

Algebra ->  Finance -> SOLUTION: How do I use this function P(x)= R(x) - C(x) to find the profit Revenue 1,118, Cost 505, Variable cost 50 Thank you      Log On


   

Question 1195896: How do I use this function P(x)= R(x) - C(x) to find the profit
Revenue 1,118, Cost 505, Variable cost 50
Thank you
Answer by ikleyn(52785) About Me  (Show Source):
You can put this solution on YOUR website!
.

The total cost C is the sum  C = 505+50    - so, calculate it first.


Then the profit is the revenue 1118 minus total cost C.


Do it as instructed.