business people are concerned with the cost functions revenu

business people are concerned with the cost functions, revenue functions, and profit functions. Supose the revenue R(x) for x unitd of a product can be descibed by R(x) 370x, and the cost C(x) can be descibed by C(x)= 2300+ 150x. Find the pfofit P(x) for x units

Solution

P(x)= R(x)-C(x)

P(x)=370x-(2300+150x)

P(x)=370x-2300-150x

P(x)=220x-2300

the profit function is:

P(x)=220x-2300