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Solve the Problem $35\$ 35 Each Her One-Time Initial Cost to Produce Each 3 -Hr

question 251

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Solve the problem.
-A chess master creates instructional videos about various opening strategies. She sells the videos in 3 -hr packages for $35\$ 35 each. Her one-time initial cost to produce each 3 -hr video package is $4,600\$ 4,600 (this includes labor and the cost of computer supplies) . The cost to package and ship each DVD is \$2.95.
a. Write a linear cost function that represents the cost C(x) C ( x ) to produce, package, and ship x3hrx 3 - \mathrm { hr } video packages.
b. Write a linear revenue function to represent the revenue R(x) R ( x ) for selling x3x 3 -hr video packages.
c. Evaluate (RC) (x) ( R - C ) ( x ) and interpret its meaning in the context of this problem.


Definitions:

Behaviors

Actions or reactions of an individual in response to external or internal stimuli, often studied in psychology to understand the underlying factors influencing human actions.

Deprivation

A period of time prior to a training session during which an individual does not experience the reinforcer in order to increase the reinforcer's effectiveness.

Reinforcer

Any stimulus that strengthens or increases the likelihood of a specific response or behavior by being presented immediately after that response or behavior.

Effectiveness

The degree to which a method, intervention, or action achieves its intended outcome or result.

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