[-/6 Points]
DETAILS
TANAPCALCBR10 2.R.039.
MY NOTES
ASK YOUR TEACHER
Profit Functions A company has a fixed cost of $23,000 and a production cost of $6 for each unit it manufactures. A unit sells for $9. Find the following functions (in dollars).
(a) What is the cost function?
C(x) =
(b) What is the revenue function?
R(x) =
(c) What is the profit function?
P(x) =
(d) Compute the profit (loss), in dollars, corresponding to the following production levels.
P(5,300) = $
$P(7,500) = $
P(12,600) = $