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  • one year ago

The annual revenue of a small store in thousands of dollars is given by r(t) - 645 + 21t where t is the year, with t-0 corresponding to 2000. Similarity the stores annual profit is given by p(t) = 175+16t-0.3r^2 A) wrote a formula for the annual cost function C(t) for the store B) compute C(3) and interpret your result in this context

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  1. jdoe0001
    • one year ago
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    well,, Cost = Revenue - Profit thus C(x) = r(x) - p(x)

  2. jdoe0001
    • one year ago
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    you bought 10 tomatoes for $5 you sell them for $1 each you sell all 10, you make $10 total <---- Revenue the revenue is what get from the sale price the sale price has, your cost and profit you spend $5 for the tomatoes, $5 is the cost revenue of $10 - $5 = profit profit is $5 or revenue - profit = cost, $10 - $5 = $5 on that case, you cost was $5, how much you paid for the tomatoes and $5 for profit, how much you made from the work of selling them

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