Mathematics, 30.07.2020 01:01 Biank2286

Demand x (Widgets) Price P Total Cost C 10 141 609
20 133 1103
30 126 1618
40 128 2109
50 113 2603
60 97 3111
70 82 3619
80 79 4103
90 53 4601
100 89 5114

Recall that profit can be computed in terms of revenue and cost. Assume that the annual widget sales match the annual widget demand and annual widget production. Construct a model for profit using the models for revenue and cost that you found in the Revenue and Cost sections. Give your model for profit P (x), where P (x) is the total annual profit in dollars for x widgets sold.

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Demand x (Widgets) Price P Total Cost C 10 141 609
20 133 1103
30 126 1618
40 128...