Answer:
A model of the profit that a company makes for a certain number of a given product.
Step-by-step explanation:
Imagine that you have to calculate the amount of money that you will earn in profit by selling a certain amount of products that are sold at 400 dollars, and you need 17% of that amount to cover for expenses, or production costs, so the formula would be y=400(1-017)x that would represent the amount of money earned in profit.
The situation could modeled by the function represent the amount of money earned in profit.
A model of the profit that a company makes for a certain number of a given product.
Imagine that you have to calculate the amount of money,
that you will earn in profit by selling a certain amount of products that are sold at 400 dollars,
Production costs refer to all of the direct and indirect costs businesses face from manufacturing a product or providing a service.
You need 17% of that amount to cover for expenses, or production costs,
So the formula would be,
y=400(1-017)x
Would represent the amount of money earned in profit.
To learn more about the model visit:
https://brainly.com/question/251701
