revenue = quantity * price
and of course,
profit = revenue - cost
just plug in the numbers given you
Gymnast Clothing manufactures expensive soccer cleats for sale to college bookstores in runs of up to 500. Its cost (in dollars) for a run of x pairs of cleats is
C(x) = 2900 + 9x + 0.1x2 (0 ≤ x ≤ 500).
Gymnast Clothing sells the cleats at $150 per pair. Find the revenue and profit functions. How many should Gymnast Clothing manufacture to make a profit?
1 answer
1 answer