Question

The profit associated with the production and sale of a product is the difference between the product's revenue and the cost to produce it. the cost to produce the rolls-royce can be estimated at $250 million of fixed costs (factory maintenance, equipment leasing, labor, etc.) plus $90000 per vehicle. write profit p , in thousands of dollars, as a formula involving the price per vehicle, p (in thousands of dollars), and q the quantity of vehicles produced: p= pq-(250000 90q)

Answer 1

The profit formula for producing and selling the Rolls-Royce vehicles can be expressed as P = Pq - (250,000 + 90q), where P is the price per vehicle in thousands of dollars and q is the quantity of vehicles produced.

Step-by-step explanation:

The profit formula for producing and selling the Rolls-Royce vehicles can be expressed as P = Pq - (250,000 + 90q), where P is the price per vehicle in thousands of dollars and q is the quantity of vehicles produced.

The profit formula for producing and selling the Rolls-Royce vehicles can be expressed as:

P = Pq - (250,000 + 90q)

where P is the price per vehicle in thousands of dollars, q is the quantity of vehicles produced, and 250,000 represents the fixed costs, and 90q represents the variable costs.