A company has a fixed cost of $22,000 and a production cost…
A company has a fixed cost of $22,000 and a production cost of $7 per unit. Each unit sells for $11. Which set of functions correctly represents cost, revenue, and profit? A. C(x)=22000x+7,R(x)=11x,P(x)=11x−22000 B. C(x)=7x+22000,R(x)=4x,P(x)=11x−22000 C. C(x)=7x+22000,R(x)=11x,P(x)=4x−22000 D. C(x)=11x+22000,R(x)=7x,P(x)=4x+22000
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