Solve the Problem. -In Economics, Functions That Involve Revenue, Cost and Profit Are

question 77

Multiple Choice

Solve the problem.
-In economics, functions that involve revenue, cost and profit are used. Suppose R(x) and C(x) denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x) = R(x) - C(x)
Represents the total profit for producing x widgets. Given x widgets. Given a and C(x) = 3x + 13, find P(100) .

• A) 55687
• B) 313
• C) 2000
• D) 1687

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