AAA Technology Finds That the Total Revenue Function Associated with Producing

question 60

Multiple Choice

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) .

• A) \(P ( x ) = - 0.03 x ^ { 2 } + 6 x - 58\)
• B) \(P ( x ) = - 0.03 x ^ { 2 } + 6 x + 82\)
• C) \(P ( x ) = - 0.03 x ^ { 2 } - 6 x + 58\)
• D) \(P ( x ) = 0.03 x ^ { 2 } + 6 x + 60\)

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Definitions:

External Environment

Outside factors and forces that can affect an organization's performance, including economic, technological, sociopolitical, and legal elements.

Adaptive Change

A form of change that requires individuals, teams, or organizations to adjust their underlying assumptions and strategies in response to anticipated or actual shifts in the environment.

Developing

The process of growing or causing something to grow, evolve, or become more advanced.

Clarifying

The process of making statements or concepts less confused and more clearly comprehensible.