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October 21, 2014

Homework Help: algerbra 1

Posted by Connie on Wednesday, November 16, 2011 at 4:21pm.

4. Your profit P is determined by subtracting the cost C, the amount of money it costs to operate a business, from the revenue R, the amount of money you earn from selling your product. Profit can be represented algebraically by the equations:

Profit = Revenue - Cost
OR
P = R - C

a. Rewrite the formula to solve for C.

b. Imagine your profit for 1 day is $1,281, and the cost of running the business for the day is $1,463. What is the revenue for that day? Explain your answer.

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