SOLUTION: Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition and marginal printing and distribution costs of 38¢ per copy. The Collegiate Inve

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Question 1066768: Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition and marginal printing and distribution costs of 38¢ per copy. The Collegiate Investigator sells for 48¢ per copy
Write down the profit function P(x) in dollars
Answer by josgarithmetic(39627) About Me  (Show Source):
You can put this solution on YOUR website!
profit is revenue minus cost.

Revenue: 0.48x

Cost: 0.38x%2B68

Profit, highlight%28P%28x%29=0.48x-0.38x-68%29
P%28x%29=0.1x-68
Unit for P is in dollars.


If you want the break even quantity of newspapers, cost and revenue are equal, and P=0.