Question

Isaac and jennifer's total cost for their business is given by C(x)= 40x + 96,000 and its revenue function is represented by R(x)= 60x. A. Set up the cost revenue and function

Answer 1

Answer: P(x) = 20x - 96,000

Explanation:

Cost revenue and profit function.

Cost function;

C(x)= 40x + 96,000

Revenue function;

R(x)= 60x

Profit = Revenue - Cost

P(x) = 60x - (40x + 96,000)

P(x) = 20x - 96,000