Math

QuestionFind the weekly profit function P(x)P(x) for a sandwich store given cost C(x)=555.00+0.45xC(x)=555.00+0.45x and revenue R(x)=0.001x2+3xR(x)=-0.001x^{2}+3x. Simplify your answer.

Studdy Solution

STEP 1

Assumptions1. The cost function is C(x)=555.00+0.45xC(x)=555.00+0.45 x . The revenue function is R(x)=0.001x+3xR(x)=-0.001 x^{}+3 x
3. The profit function is the difference between the revenue and cost functions, i.e., (x)=R(x)C(x)(x) = R(x) - C(x)

STEP 2

We start by writing down the profit function (x)(x) as the difference between the revenue function R(x)R(x) and the cost function C(x)C(x).
(x)=R(x)C(x)(x) = R(x) - C(x)

STEP 3

Now, we substitute the given functions R(x)R(x) and C(x)C(x) into the profit function (x)(x).
(x)=(0.001x2+3x)(555.00+0.45x)(x) = (-0.001 x^{2}+3 x) - (555.00+0.45 x)

STEP 4

Next, we distribute the negative sign on the right side of the equation to each term inside the parentheses.
(x)=0.001x2+3x555.000.45x(x) = -0.001 x^{2}+3 x -555.00 -0.45 x

STEP 5

Now, we combine like terms in the equation.
(x)=0.001x2+(30.45)x555.00(x) = -0.001 x^{2} + (3 -0.45) x -555.00

STEP 6

Finally, we simplify the equation to get the profit function (x)(x).
(x)=0.001x2+2.55x555.00(x) = -0.001 x^{2} +2.55 x -555.00So, the store's weekly profit function,, is (x)=0.001x2+2.55x555.00(x) = -0.001 x^{2} +2.55 x -555.00.

Was this helpful?

Studdy solves anything!

banner

Start learning now

Download Studdy AI Tutor now. Learn with ease and get all help you need to be successful at school.

ParentsInfluencer programContactPolicyTerms
TwitterInstagramFacebookTikTokDiscord