Overview
I'm working on a calculus case study and need an explanation and answer to help me learn.
A local publishing company publishes a magazine. The production and setup costs are $36,000, and the cost of producing each magazine is $3. Each magazine sells for $4.50. Assume that x magazines are published and sold.
A. Write the total cost function y=C(x) and the revenue function y=R(x).
a.
C(x)=_____ and R(x)=____ (Type an expression using x as the variable)