For a certain company, the cost for producing X items is 40x+300 and the revenue for selling x items is 80x-0. 5x^2.
The profit that the company makes is how much it takes in (revenue) minus how much it spends (cost). In economic models, one typically assumes that a company wants to maximize its profit, or at least wants to make a profit!
Part a: Set up an expression for the profit from producing and selling x items. We assume that the company sells all of the items that it produces. ( Hint: it is a quadratic polynomial).
PartB: find two values of x that will create a profit of $300.
Part C: is it possible for the company to make a profit of $15,000.
x=
