Answer:
Step-by-step explanation:
Here,
fixed cost=120
variable cost for each hammer is 2
So, for x number of hammers,
variable cost=2x
So,
Total cost=2x+120
Hence, answer for (A) is
C(x)=2x+120
B)
[tex]R(x)=-0.5x^{2} +18x[/tex]
we know,
Profit=Revenue-Cost
So, if P is the profit,
then profit function P(x) is,
[tex]P(x)=R(x)-C(x)\\=-0.5x^{2} +18x-(2x+120)\\=-0.5x^{2} +18x-2x-120\\=-0.5x^{2} +16x-120[/tex]
So,
profit function is,
[tex]P(x)=-0.5x^{2} +16x-120[/tex]