Profit is the difference between revenue and cost. the revenue, in dollars, of a company that makes skateboards can be modeled by the polynomial 2x3 30x – 130. the cost, in dollars, of producing the skateboards can be modeled by 2x3 – 3x – 520. the variable x represents the number of skateboards sold.

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Profit function in terms of x = 33x + 390.

What is a profit in business?

  • In its simplest form, it's the amount left after subtracting your total expenses from your total revenue.
  • The money remaining, your profits, can either be kept in the business and re-invested to finance future growth, or distributed as a draw or dividends to stakeholders.

Given that revenue, in dollars, of a company that makes skateboards can be modeled by the polynomial

[tex]2x^{3} + 30x - 130[/tex]

The cost, in dollars, of producing the skateboards can be modeled by

[tex]2x^{3} -3x - 520[/tex]

Profit function = Revenue - cost

                         = [tex]2x^{3} + 30x - 130 - ( 2x^{3} - 3x - 520)[/tex]

                          = 33x + 390

Therefore, profit function in terms of x = 33x + 390

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