SOLUTION: An artisan can produce and sell x hats per month. The total cost C (in dollars) for producing x hats is C = 460 + 10x, and the total revenue R (in dollars) is R = 35x. (a) Find t

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: An artisan can produce and sell x hats per month. The total cost C (in dollars) for producing x hats is C = 460 + 10x, and the total revenue R (in dollars) is R = 35x. (a) Find t      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 756715: An artisan can produce and sell x hats per month. The total cost C (in dollars) for producing x hats is C = 460 + 10x, and the total revenue R (in dollars) is R = 35x.
(a) Find the profit P in terms of x.
P =

(b) Find the profit obtained by selling 42 hats per month.
$ Incorrect:

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Profit is revenue minus cost, or +P+=+R+-+C+
given:
+C+=+460+%2B+10x+
+R+=+35x+
+R+-+C+=+35x+-+%28+460+%2B+10x+%29+
+R+-+C+=+35x+-+10x+-+460+
+R+-+C+=+25x+-+460+
+P+=+25x+-+460+
-----------------
(b)
+P%2842%29+=+25%2A42+-+460+
+P%2842%29+=+1050+-+460+
+P%2842%29+=+590+