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!! THIS IS MULTIPLE CHOICE AND I RAISED THE POINTS LMA.O IT WONT LET ME TYPE THE PROBLEMS ACTUAL NAME CUZ ITS "INAPPROPRIATE" !!

nash*ta buys plain birdhouses,paints them,and sells them at a fair. for b birdhouses, her revenue function is r(b)=12b and her cost function is c(b)=4+3.3b

which function is nash*tas profit function?

a) p(b)=15.3b+4
b) p(b)=15.3b-4
c) p(b)=8.7b+4
d) p(b)=8.7b-4


// thanks //

User Tarum
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4.2k points

1 Answer

2 votes

r(b) = 12b

c(b) = 4 + 3.3b

I think profit is revenue minus the cost, so p(b) = r(b) - c(b)

= 12b - (4 + 3.3b)

12b - 4 - 3.3b //Combine like terms

8.7b - 4

Answer: D

//Hope it helps and it's right.

User Andrew Surzhynskyi
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4.9k points