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If the following functions represent the revenue, R(x), from processing x units

ID: 3186113 • Letter: I

Question

If the following functions represent the revenue, R(x), from processing x units of a product, and the costs, C(x), of processing x units of a product.

Revenue function: R(x) = 30x

Cost function: C(x) = 12x + 200

Then what do the graphs of the Revenue, Cost and Profit functions look like? That is, what type of functions can R(x), C(x) and P(x) be classified as?

Polynomials of degree 2

Parabolas (curved functions)

Linear functions (lines)

Piecewise functions

A.

Polynomials of degree 2

B.

Parabolas (curved functions)

C.

Linear functions (lines)

D.

Piecewise functions

Explanation / Answer

R(x) = 30x

C(x) = 12x + 200

profit = revenue - cost

P(x) = 30x - 12x - 200

P(x) = 18x - 200

so, R(x) , C(x) and P(x) can be classified as linear functions

option c is correct