Question

12. Suppose a computer manufacturer has the total cost function C(x) = 65x +3500 and the total revenue function

R(x) = 365x, where x represents the number of computers produced and sold. What is the profit on 326 items?
a. $86,500
b. $101,300
c. $94,300
d. $1,238,800
$143.680

Answer 1

Cost is 65x + 3500 where x is = 326.

65(326) + 3500

21,190 + 3500 = $24,690 is the cost.

Revenue is 365x where x is 326.

365(326) = $118,990

Now we subtract the two:

118,990 - 24,690 = $94,300

This means that the answer is C) $94,300.

I hope this helps! :)