Examlex
AAA Technology finds that the total revenue function associated with producing a new type of computer chip is R(x) =70-0.3x2 , and the total cost function is C(x) =6x+12 , where x represents the number of units of chips produced. Find the total profit function, P(x) .
Gas Pump
A device at a filling station that dispenses liquid fuel, such as gasoline or diesel, into the tank of a vehicle.
South Dakota
An American state situated in the Midwest, famous for notable sites including Mount Rushmore.
Revenue-maximizing Price
The optimal price point at which a company can sell its goods or services to maximize its revenue, given its cost structure and market demand.
Football Tickets
Certificates or electronic cards that grant the holder entry to watch a football game.
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