An artisan can produce and sell x hats per month. The total cost C (in dollars) for producing x hats is C = 420 + 16x and the total revenue R (in dollars) is R = 40x. Find the profit P in terms of x and, using that function, find the profit obtained by selling 46 hats per month.
?
A. ?Profit in terms of x: 24x - 420?Sell per month: $684
B. ?Profit in terms of x: 24x - 420?Sell per month: $16
C. ?Profit in terms ofx: 24x + 420?Sell per month: $684
D. ?Profit in terms ofx: 40x + 420?Sell per month: $684
E. ?Profit in terms of x: 40x - 420?Sell per month: $684
Answer: A
Mathematics
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