Question

Find the cost function.
C
(
x
)
=



Find the revenue function.
R
(
x
)
=



Find the profit function.
P
(
x
)
=

Answer 1

Answer:

To obtain the cost function, add fixed cost and variable cost together. 3) The profit a business makes is equal to the revenue it takes in minus what it spends as costs. To obtain the profit function, subtract costs from revenue.

Step-by-step explanation:

The formula to calculate profit is: Total Revenue - Total Expenses = Profit. Profit is determined by subtracting direct and indirect costs from all sales earned.