The formulas below are the cost and revenue functions for a company that manufactures and sells small radios. C(x)= 50,000+ 44x and R(x) = 49x
a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios
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b. Find the company's profit if 15,000 radios are produced and sold.
a. The company's profit function is P(x)= (Simplify your answer.)
b. The company's profit from selling 15,000 radios is $. (Simplify your answer.)