If the cost function and profit function for a company is given by $C= 10-0.3x^2 $ and $P=0.3x^2 + 2x-10 $ respectively, where x re[resents units of output.
The revenue function is given by :
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → $2x$
The revenue function,
$R(x)=P(x)+C(x)$
$=(0.3x^2+2x-10)+(10-0.3x^2)$
$=2x$