SOLUTION: e. Find the Profit Equation by substituting your equations for R and C in the equation . Simplify the equation.

Algebra ->  Graphs -> SOLUTION: e. Find the Profit Equation by substituting your equations for R and C in the equation . Simplify the equation.      Log On


   

Question 121748: e. Find the Profit Equation by substituting your equations for R and C in the equation . Simplify the equation.
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Since the "profit made from the sale of tiles is found by subtracting the costs from the revenue", this means the profit is:

P=R-C

P=-x%5E2%2B62x-%286x%2B300%29 Now plug in R=-x%5E2%2B62x (the revenue equation we found earlier) and C=6x%2B300 (the cost equation we found earlier)


P=-x%5E2%2B62x-6x-300 Distribute the negative


P=-x%5E2%2B56x-300 Combine like terms

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Answer:

So the profit equation is:


P=-x%5E2%2B56x-300