Solve the problem.A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets.
A. C(x) = 16,662; R(x) = 157
B. C(x) = 16600 + 157x; R(x) = 62x
C. C(x) = 16600 + 62x; R(x) = 157x
D. C(x) = 62x; R(x) = 157x
Answer: C
Mathematics
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