A company’s profit is equal to revenue minus cost. For one company, the yearly revenue is $32 million. What function rule describes the yearly profit for any yearly cost? let c Represent the yearly cost and p represent the yearly profit, both in millions of dollars.

Question

A company’s profit is equal to revenue minus cost. For one company, the yearly revenue is $32 million. What function rule describes the yearly profit for any yearly cost? let c Represent the yearly cost and p represent the yearly profit, both in millions of dollars.

Answer 1

p = 32 - c

all in millions of dollars

Answer 2

To find the function rule that describes the yearly profit, we need to subtract the cost from the revenue. In this case, the revenue is fixed at $32 million, and the cost is represented by c.

Therefore, the function rule that describes the yearly profit (p) can be written as:

p = 32 - c

This equation means that the profit (p) will be equal to the fixed revenue of $32 million minus the cost (c). For any given yearly cost value (c), you can use this function rule to find the corresponding yearly profit (p).