A business analyst models the daily cost, , and daily revenue, , of a manufacturing process using the following expressions:
where represents the number of units of product X sold, and represents the number of units of product Y sold. The daily profit, , is defined as . When the profit expression is fully simplified by combining like terms, which of the following expressions represents the daily profit ?
- A$-x^3 + 7x^2y - xy^2 + y^3
- B$-x^3 + 11x^2y - xy^2 + 5y^3
- $-x^3 + 11x^2y - xy^2 + y^3Answer
- D$-x^3 + 3x^2y - xy^2 + y^3
- E$3x^3 - 4x^2 + 11x^2y - xy^2 + y^3
Answer
The expression is correct. Calculating profit requires subtracting the fully simplified cost from the fully simplified revenue. Simplifying yields . Expanding and simplifying yields . Subtracting these two expressions and correctly distributing the negative sign gives .
Step-by-Step Solution
Key Concept
Simplifying multi-variable algebraic expressions by distributing coefficients and combining like terms.