Solve the problem.
-In economics, functions that involve revenue, cost and profit are used. Suppose R(x) and C(x) denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x) = R(x) - C(x)
Represents the total profit for producing x widgets. Given x widgets. Given and C(x) = 3x + 13, find the
Equation for P(x).
C) P(x) = 3x + 13

Question

Solve the problem.
-In economics, functions that involve revenue, cost and profit are used. Suppose R(x) and C(x) denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x) = R(x) - C(x)
Represents the total profit for producing x widgets. Given x widgets. Given  and C(x) = 3x + 13, find the
Equation for P(x).
C) P(x) = 3x + 13

Quizplus · Accepted Answer

The Answer of Solve the problem.
-In economics, functions that involve revenue, cost and profit are used. Suppose R(x) and C(x) denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x) = R(x) - C(x)
Represents the total profit for producing x widgets. Given x widgets. Given  and C(x) = 3x + 13, find the
Equation for P(x).
C) P(x) = 3x + 13

Solve the Problem. -In Economics, Functions That Involve Revenue, Cost and Profit Are