Final answer:
The revenue from 0 bundles is 0 maple leaves. The revenue function is R(x) = 10x, and the cost function is C(x) = x + 20. The profit from selling 100 bundles is 880 maple leaves.
Step-by-step explanation:
The subject of the question is related to the fundamental concepts of cost, revenue, and profit in economics, specifically in a business context. Now, let's answer the parts of the question sequentially:
(a) The revenue received from selling 0 nut and seed bundles is 0 maple leaves, as no products are sold and thus no revenue is generated.
(b) The formula for the revenue function R(x), where x is the number of bundles sold, would be R(x) = 10x, since the marginal revenue from selling each bundle is 10 maple leaves and revenue is the sum of the marginal revenues for each additional unit sold.
(c) The cost function C(x) includes both the variable and fixed costs. Since the marginal cost of each bundle is equivalent to selling 1 bundle for 1 maple leaf, the variable cost component would be x maple leaves. Coupled with the fixed costs of 20 maple leaves, the cost function C(x) = x + 20.
To find the profit from selling 100 nut and seed bundles, we would use the formula Profit = Revenue - Cost. Using our previously established functions, the calculation would be Profit = R(100) - C(100) = (10*100) - (100 + 20) = 1000 - 120 = 880 maple leaves.