The cost to produce one compact disc is ​$1.75 plus a​ one-time fixed cost of ​$2300. The revenue received from selling one compact disc is ​$13

Question

Write a formula that gives the cost C of producing x compact discs. Be sure to include the fixed cost

Answer 1

The formula that gives the cost C of producing x compact discs, including the fixed cost, is:

C = (1.75 * x) + 2300

Answer 2

Write a formula that gives the revenue R from selling x compact discs

Answer 3

The formula that gives the revenue R from selling x compact discs is:

R = 13 * x

Answer 4

Profit equals revenue minus cost. Write a formula that calculates the profit P from selling x compact discs

Answer 5

The formula that calculates the profit P from selling x compact discs is:

P = R - C

where R is the revenue from selling x compact discs and C is the cost of producing x compact discs.