Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a what is the equation of the profit function p x

a What is the equation of the profit function P x for this commodity Recall...

90.2K

Verified Solution

Question

Basic Math

image

a What is the equation of the profit function P x for this commodity Recall that to find the total profit P x we subtract the total cost C x from the total revenue R x Select the equation for the profit function P x R x C x P x C x R x P x R x C x P x C x R x P x R x x C x Step 2 Now substitute the functions R x 371x and C x 71x 3 300 into P x R x C x Simplify the result by collecting like terms P x R x C x P x 371x 71x 3300

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Find an equation In slope intercept form passing through the point (-1,4) and parallel to the...

Chemistry
1.2K views

Derive Clapeyron equation and Clausius modification for liquid-vapor equilibrium conditions.

Biology
1.2K views

population of 25 individuals 11 are homozygous recessive What is q 11 11 25 241105

Physics
1.2K views

Seventeen coulombs of positive charge flow from the +9 V positive terminal of a battery...

Physics
1.2K views

In the figure shown a block executes SHM under the influence of two springs on...

Accounting
1.2K views

i need help with this! gurtion 9 (8 marks) Pandities The...

Accounting
1.2K views

Fredo, Inc., purchased 10% of Sonny Enterprises for $1,000,000 on January 1, 2018. Sonny recognized...

Accounting
1.2K views

Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in...

Accounting
1.2K views

Data table FiberSystems manufactures an optical switch that it uses in its final product. FiberSystems...

Accounting
1.2K views

New Shu Corporation issued $400,000 worth of bonds on January 1, 2010. These bonds had...

Accounting
1.2K views

Differential analysis involving opportunity cost On July 1 , Campus...

Finance
1.2K views

BC Travel Services is considering a new 10-year project that will generate additional sales revenue...