Math Quiz

Total Revenue generated from selling x units. R(x) = xp(x)

The cost of producing x units of a certain product. C(x)

The additional profit for selling one additional unit. P'(x) = R'(x) - C'(x)

The cost per unit when x units of a certain product are produced. c(x) = C(x)/x

Total profit from selling x units. The Excess of revenue over cost. P(x) = R(x) - C(x)

The extra cost of producing one additional unit. C'(x)

The price per unit that the company can charge if it sells x units. p(x)

The extra revenue for selling one additional unit. R'(x)