Question: MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose a ceiling fan manufacturer has the total cost function C(x) = 30x + 1440 and the total

MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER
MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose a ceiling fan manufacturer has the total cost function C(x) = 30x + 1440 and the total revenue function R(x) = 62x. (a) What is the equation of the profit function P(x) for this commodity? P(x) - 32x - 1440 x (b) What is the profit on 25 units? P[25) --540 Interpret your result. The total costs are less than the revenue. The total costs are more than the revenue. The total costs are exactly the same as the revenue. (6) How many fans must be sold to avoid losing money? fans Need Help? Read Submit Answer Viewing Saved Work Revert to Last Response

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