The cost in dollars of producing x fruit baskets is C(x) = 8.5x + 10. The revenue received is R(x) = 24.95x. The profit is the revenue minus the cost. Write and simplify a function P that Represents the profit.
A) P(x) = -16.45x - 10
B) P(x) = 16.45x - 10
C) P(x) = 16.45x + 10
D) P(x) = 33.45x + 10

Question

Quizplus · Accepted Answer

Profit, P(x), is calculated as revenue, R(x), minus cost, C(x). Thus, P(x) = R(x) - C(x) = 24.95x - (8.5x + 10) = 16.45x - 10.

The Cost in Dollars of Producing X Fruit Baskets Is