Each Unit of a Certain Commodity Costs P = 47x $47 x ^ { 2 } + 12$

question 4

Multiple Choice

Each unit of a certain commodity costs p = 47x + 12 cents when x units of the commodity are produced.If all units are sold at this price,express the revenue derived from the sales as a function of x.

• A)46x + 12 cents
• B) \(47 x ^ { 2 } + 12\) cents
• C)48x + 12 cents
• D)x(47x + 12)cents

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Definitions:

Fair Price

A price that is considered equitable for both the buyer and seller, taking into account the costs of production and market demand.

Ethical Dimension

Pertains to the moral aspects and considerations that influence conduct, ensuring actions and decisions support fair and just practices.