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A certain factory produces and sells 
x kilograms of ice cream per month. It costs 
c dollars to produce one kilogram of ice cream, which is then sold for 0.16 dollars. The factory's monthly net profit is 
P dollars.
Write an equation that relates 
x,c, and 
P.

A certain factory produces and sells x x kilograms of ice cream per month. It costs c c dollars to produce one kilogram of ice cream, which is then sold for 0.16 \mathbf{0 . 1 6} dollars. The factory's monthly net profit is P P dollars.\newlineWrite an equation that relates x,c x, c , and P P .

Full solution

Q. A certain factory produces and sells x x kilograms of ice cream per month. It costs c c dollars to produce one kilogram of ice cream, which is then sold for 0.16 \mathbf{0 . 1 6} dollars. The factory's monthly net profit is P P dollars.\newlineWrite an equation that relates x,c x, c , and P P .
  1. Calculate Total Revenue: To find the net profit, we need to subtract the total cost from the total revenue.
  2. Calculate Total Cost: Total revenue is the amount of money made from selling the ice cream, which is xx kilograms times the selling price, 0.160.16 dollars per kilogram.\newlineSo, total revenue = 0.16x0.16x dollars.
  3. Calculate Net Profit: Total cost is the amount of money it takes to produce the ice cream, which is xx kilograms times the cost to produce one kilogram, cc dollars.\newlineSo, total cost = cxcx dollars.
  4. Substitute into Net Profit Equation: Net profit PP is total revenue minus total cost.\newlineSo, P=(total revenue)(total cost)P = (\text{total revenue}) - (\text{total cost}).
  5. Substitute into Net Profit Equation: Net profit PP is total revenue minus total cost.\newlineSo, P=(total revenue)(total cost)P = (\text{total revenue}) - (\text{total cost}).Substitute the expressions for total revenue and total cost into the net profit equation.\newlineP=(0.16x)(cx)P = (0.16x) - (cx).

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