Determine and infer the equation and profit


The firm is considering the new product. Accounting department finds that total cost, C(x), of producing x units will be C(x) = 100x + 4240. Sales department finds that revenue, R(x), from selling x units will be R(x) = 110x, but that no more than 482 units can be sold at given price. Determine and infer (R - C)(482) where R - C = P(x), profit.

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Mathematics: Determine and infer the equation and profit
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