Functions as representations of real-life situation

In the profit function, ___________________ is the money earned after paying the costs of producing and selling products or services

• total expense

• total loss

• total revenue

• total profit

Profit function is equal to Revenue minus total Cost or

P(x) = R(x) -C(x)

• true

• false

• sometimes

• maybe

Which is/are example/s of real life functions?

• water bill depends on water consumption

• speed is a function of time and distance

• revenue is based on the price and number of products sold

• all of the above

Functions often used to model real life functions

• True

• False

• sometimes

• maybe yes or no

A _____________________ is used to show relationship between two or more quantities.

• function model

• cost function

• revenue function

• profit function

In the cost function, expenses for the production of product is called _______________________

• variable cost

• total cost

• fixed cost

• independent cost

In the profit function, ___________________ is the money earned after paying the costs of producing and selling products or services

• total expense

• total loss

• total revenue

• total profit

Profit function is equal to Revenue minus total Cost or

P(x) = R(x) -C(x)

• true

• false

• sometimes

• maybe

The profit of a t-shirt store is equal to the revenue of the shirt less its expenses. Suppose that each t-shirt has a selling price of P150.00, and the operating cost for all t-shirts, regardless of the number is P1,000.00. Represent the following situation as a function. Let f(x) be the profit of the store.

The cost of P50,000.00 on a travel package to Vietnam, Cambodia and Thailand will be divided among members of the group with less than 10 people. Represent the following situation as function with x being the number of people in the team.