SOLUTION: A girl is having a cupcake sale. Has a fixed cost of $10 and it costs $0.50 to make each cupcake. Find the formula for the cost function C(x), Revenue R(x) if each cupcake sells f
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-> SOLUTION: A girl is having a cupcake sale. Has a fixed cost of $10 and it costs $0.50 to make each cupcake. Find the formula for the cost function C(x), Revenue R(x) if each cupcake sells f
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Question 895249: A girl is having a cupcake sale. Has a fixed cost of $10 and it costs $0.50 to make each cupcake. Find the formula for the cost function C(x), Revenue R(x) if each cupcake sells for $2, and the formula for Profit P(x).
Thank you Answer by lwsshak3(11628) (Show Source):
You can put this solution on YOUR website! A girl is having a cupcake sale. Has a fixed cost of $10 and it costs $0.50 to make each cupcake. Find the formula for the cost function C(x), Revenue R(x) if each cupcake sells for $2, and the formula for Profit P(x).
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let x=number of cupcakes made
C(x)=0.5x+10
R(x)=2x
P(x)=R(x)-C(x)=2x-0.5x-10=1.5x-10
P(x)=1.5x-10
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