Financial Paper, Inc

question 16

Multiple Choice

Financial Paper, Inc. is a printer of checks and forms for financial institutions. For individual accounts, boxes of 200 checks cost $0.75 per box to print and package; they sell for $4.95 each. Financial Paper's monthly fixed costs for printing and packaging these checks for individuals are $1,245. Which of the following is the equation for the profit function where x denotes the number of boxes of checks produced and sold? ​

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