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2 The model function linking the price Ep of a can of soda to its demanded quantity Q, is given by the model function Q(p)
2 The model function linking the price Ep of a can of soda to its demanded quantity Q, is given by the model function Q(p) = 175 - 3.5p. The cost of producing one can is (5 and the company has a fixed cost of (875 in making these cans. a Find the modelling function for the revenue of the company. b Find the modelling function for the costs of the company. c Hence find the modelling function for the profit of the company
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