The marketing research department for a company that manufactures and sells laptop computers
established the following price-demand and cost functions, respectively:
p (x) = 1,000 - 25x
C(x) = 2,150 + 250x
where p() is the wholesale price in United States dollars at which y thousand laptops can be sold and
C(x) is in thousands of dollars. The domain of both functions is, 1 < x < 10.
formulate a revenue and a profit function
The revenue function is given as :
The profit function, , is given as:
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