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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 : |
$2x$ $-2x$ $20-0.6x^2 -2x$ cannot be determined |
$2x$ |
The correct answer is Option (1) → $2x$ The revenue function, $R(x)=P(x)+C(x)$ $=(0.3x^2+2x-10)+(10-0.3x^2)$ $=2x$ |
