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7D The total revenue function, $R for a particular item is given by R= 425x where x is the number of such items produced and sold. The total cost function is $C where C= 150+200x-30x2+2x3 a)Find the total profit from the production and sale of the first two items. R=425x C=150+200x-30x2+2x3 P=R-C = 425x ¨C (150+200x-30x2+2x3) = 225x-150+30x2-2x3 a)=P(2)= 225(2)-150+30(2)2-2(2)3 = $404 b)Find the average profit per unit from the production and sale of the first two items. b)=average profit= 404 = 202 per unit 2 c)Find the total profit from the production and sale of the first ten items.
Approximate Word count = 376 Approximate Pages = 1.5 (250 words per page double spaced)
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