The Figure Shows the Graphs of the Cost and Revenue $x$

question 90

Multiple Choice

The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells binoculars. Use the information in the figure to answer the question.

-Use the revenue and cost functions to write the profit function from producing and selling $x$ binoculars.

• A) \(\mathrm { P } ( \mathrm { x } ) = 4 \mathrm { x } - 1500\)
• B) \(P ( x ) = 4 x + 1500\)
• C) \(P ( x ) = 2 x + 1500\)
• D) \(P ( x ) = 2 x - 1500\)

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Definitions:

Incentives

Motivations or rewards offered to encourage specific behaviors or actions in individuals or groups.

Autonomy

The degree to which a job provides an employee with discretion and independence to schedule their work and determine how it is done.

Intrinsic

Refers to motivation or value driven by internal satisfaction rather than material rewards.

Extrinsic

Refers to motivation driven by external rewards, such as money or praise, rather than internal satisfaction.