Question
A manufacturer produces a product at a cost of $26.80 per unit. The manufacturer has a fixed cost of $500.00 per day. Each unit retails for $37.00. Let x represent the number of units produced in a 5-day period.
Write the profit P as a function of x. (Hint: The profit function is given by P(x) = R(x) − C(x)
p(x) = ________
Write the profit P as a function of x. (Hint: The profit function is given by P(x) = R(x) − C(x)
p(x) = ________