Answer:
[tex]P = 17.65N - 750[/tex]
Step-by-step explanation:
From basics, we know:
Profit = Revenue - Cost
We need to substitute the expressions into this formula and simplify the expression if possible to find profit in terms of "N".
Given:
Cost = 16.95N + 750
Revenue = 34.60N
Thus,
Profit = 34.60N - (16.95N + 750)
Simplifying:
Profit = 34.60N - 16.95N - 750
Profit = 17.65N - 750
Thus,
P = 17.65N - 750
