Question: A catering company estimates that, if it has x customers in a typical week, its expenses will be approximately C(x) = 550x + 6500 dollars,

A catering company estimates that, if it has x customers in a typical week, its expenses will be approximately C(x) = 550x + 6500 dollars, and its revenue will be approximately R(x) = 1200x dollars.

(a) How much profit will the company earn in 1 week when it has 12 customers?

(b) How much profit is the company making each week if the weekly costs are running at a level of $14,750?

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