test information\ndescription\ninstructions\ntime limit: the test has a time limit of 1 hour and 40 minutes…

test information\ndescription\ninstructions\ntime limit: the 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.\nyour answers are saved automatically.\nremaining time: 1 hour, 22 minutes, 24 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\ntime limit: the 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.\nyour answers are saved automatically.\nremaining time: 1 hour, 22 minutes, 24 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

Brief Explanations:

Profit ($P(x)$) is calculated as revenue ($R(x)$) minus total cost ($C(x)$), i.e., $P(x)=R(x) - C(x)$. So the given equation $R(x)=P(x)-C(x)$ is incorrect.

Answer:

False