In economics, functions that involve revenue, cost, and profit are used. For example, suppose that R(x) and

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In economics, functions that involve revenue, cost, and profit are used. For example, suppose that R(x) and C(x) denote the total revenue and the total cost, respectively, of producing a new kind of tool for King Hardware Wholesalers. Then the difference P(x) = R(x) - C(x) represents the total profit for producing x tools. Given R (x) = 60x - 0.4x2 and C(x) = 3x + 13, find each of the following.
(a) P(x)
(b) R(100), C(100), and P(100)
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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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