The formula that calculates the profit P from selling x compact discs can be expressed as:
P = (Revenue per unit * Number of units sold) - Total cost
Given that the revenue received from selling one compact disc is $10, and the cost to produce one compact disc is $1.75 plus a one-time fixed cost of $2900, we can substitute these values into the formula:
P = ($10 * x) - ($1.75 * x + $2900)
Simplifying further, we get:
P = $10x - $1.75x - $2900
The cost to produce one compact disc is $1.75 plus a one-time fixed cost of $2900. The revenue received from selling one compact disc is $10.Profit equals revenue minus cost. Write a formula that calculates the profit P from selling x compact discs.
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