Revenue, cost, and profit are studied in economics. If R(x) is a revenue function and C(x) is a cost function, then the profit function, P(x) is equal to: P(x) = R(x) – C(x)
Where x is the number of items manufactured and sold by a company.
A company builds and sells six products each week; assume that:
R(x) = (6x-7)/(x+2) and C(x) = (4x-13)/(x+3). Determine the profit function.
___________________ Problem source: Angle, A., & Rundle, D. (2018). Intermediate algebra for college students.
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