The price-demand and cost functions for the production and sales x bbq grills are given as p ( x ) = 410 − x / 6 c ( x ) = 5900 + 130 x the price p ( x ) and the cost c ( x ) are in dollars. a . find the revenue function in terms of x . r ( x ) = b . find the profit earned at an output of 1150 bbq grills. round to the nearest cent.

(a)  

(b) profit = 95,683.33

Explanation:

C(x) = 5900 + 130 x

(a) Revenue, R(x) = Price × Quantity

(b) profit = R(x) - C(x)

                       At x = 1150

= 471,500 - 220,416.67 - 5,900 - 149,500

= 95,683.33

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.