test information\ndescription\ninstructions\ntimed test this test has a time limit of 1 hour and 40 minutes…

test information\ndescription\ninstructions\ntimed test this test has a time limit of 1 hour and 40 minutes. this test will save and submit automatically when the time expires. warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain.\nmultiple attempts this test allows multiple attempts.\nforce completion this test can be saved and resumed at any point until time has expired. the timer will continue to run if you leave the test. your answers are saved automatically.\nremaining time: 1 hour, 18 minutes, 14 seconds.\nquestion completion status:\nmoving to another question will save this response.\nquestion 10\nlet ( p(x) ) be the profit earned when ( x ) units are sold. let ( r(x) ) and ( c(x) ) be the corresponding revenue and total - cost functions, respectively. then ( r(x)=p(x)-c(x) )\ntrue\nfalse\nmoving to another question will save this response.

test information\ndescription\ninstructions\ntimed test this test has a time limit of 1 hour and 40 minutes. this test will save and submit automatically when the time expires. warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain.\nmultiple attempts this test allows multiple attempts.\nforce completion this test can be saved and resumed at any point until time has expired. the timer will continue to run if you leave the test. your answers are saved automatically.\nremaining time: 1 hour, 18 minutes, 14 seconds.\nquestion completion status:\nmoving to another question will save this response.\nquestion 10\nlet ( p(x) ) be the profit earned when ( x ) units are sold. let ( r(x) ) and ( c(x) ) be the corresponding revenue and total - cost functions, respectively. then ( r(x)=p(x)-c(x) )\ntrue\nfalse\nmoving to another question will save this response.

Answer

Explanation:

Step1: Recall profit - revenue - cost formula

The formula for profit $P(x)$ is $P(x)=R(x)-C(x)$, where $R(x)$ is revenue and $C(x)$ is cost.

Step2: Rearrange the formula

Rearranging the profit formula gives $R(x)=P(x) + C(x)$, not $R(x)=P(x)-C(x)$.

Answer:

False