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A small publishing company is releasing a new book. The production costs will include a one-time fixed cost for editing and an additional cost for each book
printed. The total production cost C (in dollars) is given by the function C-550 +15.95N, where N is the number of books,
The total revenue earned (in dollars) from selling the books is given by the function R=31.90N.
Let P be the profit made (in dollars). Write an equation relating P to N. Simplify your answer as much as possible.

Please answer me ASAP I need an answer.

Respuesta :

mhanifa

Answer:

  • P = 15.95N - 550

Step-by-step explanation:

The profit is the difference between the revenue and the total cost:

  • P = R - C

Substitute values:

  • P = 31.90N - (550 + 15.95N)
  • P = 31.90N - 15.95N - 550
  • P = 15.95N - 550

The difference between cost and revenue is profit

  • P=R-C
  • P=31.90N-(15.95N+550)
  • P=31.90N-15.95N-550
  • P=15.95N-550

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