Charles buys factory-reconditioned hedge trimmers for $20 each and sells them online for $42 each. He has a fixed cost of $300 per month. If x is the number of hedge trimmers he sells per month, then his revenue and cost (in dollars) are given by R(x) = 42x and C(x) = 20x + 300. Find a formula for the function P(x) = R(x)-C(x). For what values of x is his profit positive? The formula is P(x)=.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
icon
Related questions
Question
Charles buys factory-reconditioned hedge trimmers for $20 each and sells them online for $42 each. He has a fixed cost of $300 per month. If x
is the number of hedge trimmers he sells per month, then his revenue and cost (in dollars) are given by R(x) = 42x and C(x) = 20x + 300. Find a
formula for the function P(x) = R(x)-C(x). For what values of x is his profit positive?
The formula is P(x) = .
Transcribed Image Text:Charles buys factory-reconditioned hedge trimmers for $20 each and sells them online for $42 each. He has a fixed cost of $300 per month. If x is the number of hedge trimmers he sells per month, then his revenue and cost (in dollars) are given by R(x) = 42x and C(x) = 20x + 300. Find a formula for the function P(x) = R(x)-C(x). For what values of x is his profit positive? The formula is P(x) = .
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,