A certain factory produces and sells x kilograms of ice cream per month. It costs c dollars to produce one kilogram of ice cream, which is then sold for 0.16 dollars. The factory's monthly net profit is P dollars.Write an equation that relates x,c, and P.
Q. A certain factory produces and sells x kilograms of ice cream per month. It costs c dollars to produce one kilogram of ice cream, which is then sold for 0.16 dollars. The factory's monthly net profit is P dollars.Write an equation that relates x,c, and P.
Calculate Total Revenue: To find the net profit, we need to subtract the total cost from the total revenue.
Calculate Total Cost: Total revenue is the amount of money made from selling the ice cream, which is x kilograms times the selling price, 0.16 dollars per kilogram.So, total revenue = 0.16x dollars.
Calculate Net Profit: Total cost is the amount of money it takes to produce the ice cream, which is x kilograms times the cost to produce one kilogram, c dollars.So, total cost = cx dollars.
Substitute into Net Profit Equation: Net profit P is total revenue minus total cost.So, P=(total revenue)−(total cost).
Substitute into Net Profit Equation: Net profit P is total revenue minus total cost.So, P=(total revenue)−(total cost).Substitute the expressions for total revenue and total cost into the net profit equation.P=(0.16x)−(cx).
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