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If the cost function and the profit function for a company is given by C=10−0.3x2C = 10 - 0.3x^2 and P=0.3x2+2x−10P = 0.3x^2 + 2x - 10 respectively , where X represent units of output, then the revenue function is given by :

Solution

✅ Correct Option: 1

Profit = Revenue - Cost, so Revenue R(x) = P(x) + C(x).

R(x)=(0.3x2+2x−10)+(10−0.3x2)R(x) = (0.3x^2 + 2x - 10) + (10 - 0.3x^2)

R(x)=0.3x2+2x−10+10−0.3x2=2xR(x) = 0.3x^2 + 2x - 10 + 10 - 0.3x^2 = 2x.

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