Question

profit function formula

Answer 1

A profit function is a function that focuses on business applications. If x represents the number of units sold, we will name these two functions as follows: R(x) = the revenue function; C(x) = the cost function. ... Therefore, our profit function equation will be as follows: P(x) = R(x) - C(x).

Answer 2

Answer:

A profit function is a function that focuses on business applications. If x represents the number of units sold, we will name these two functions as follows: R(x) = the revenue function; C(x) = the cost function. ... Therefore, our profit function equation will be as follows: P(x) = R(x) - C(x).

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