The profit function, P(x), revenue function, R(x), and cost function, C(x), are related by the equation P(x)=R(x)−C(x). Andrew has determined that the revenue and cost functions for a new product line at his business are given by these functions.
R(x)=5x
C(x)=1200+3x
What is the profit function for Andrew’s new product line?
P(x)=2x−1200
P(x)=2x+1200
P(x)=8x−1200
P(x)=8x+1200