To solve the problem, we will go through each part step by step.
### (A) Find the revenue function in terms of \( x \).
The revenue function \( R(x) \) is given by the product of the price per unit \( p \) and the number of units sold \( x \).
From the price function:
\[
p = -50x + 2300
\]
The revenue function is:
\[
R(x) = p \cdot x = (-50x + 2300) \cdot x
\]
\[
R(x) = -50x^2 + 2300x
\]
So, the revenue function is:
\[
R(x) = -50x^2 + 2300x
\]
### (B) Determine the cost function in terms of \( x \).
The cost function \( C(x) \) includes fixed costs and variable costs. The fixed cost is $7000, and the variable cost is $100 per unit produced.
Thus, the cost function is:
\[
C(x) = \text{Fixed Cost} + \text{Variable Cost} \cdot x
\]
\[
C(x) = 7000 + 100x
\]
### (C) Find the profit function in terms of \( x \).
The profit function \( P(x) \) is defined as the revenue function minus the cost function:
\[
P(x) = R(x) - C(x)
\]
Substituting the expressions we found for \( R(x) \) and \( C(x) \):
\[
P(x) = (-50x^2 + 2300x) - (7000 + 100x)
\]
\[
P(x) = -50x^2 + 2300x - 7000 - 100x
\]
\[
P(x) = -50x^2 + 2200x - 7000
\]
### (D) Evaluate \( P^{\prime}(x) \) at \( x=250 \).
First, we need to find the derivative of the profit function \( P(x) \):
\[
P(x) = -50x^2 + 2200x - 7000
\]
Taking the derivative:
\[
P'(x) = -100x + 2200
\]
Now, we evaluate \( P'(x) \) at \( x = 250 \):
\[
P'(250) = -100(250) + 2200
\]
\[
P'(250) = -25000 + 2200
\]
\[
P'(250) = -22800
\]
### Summary of Results:
(A) \( R(x) = -50x^2 + 2300x \)
(B) \( C(x) = 7000 + 100x \)
(C) \( P(x) = -50x^2 + 2200x - 7000 \)
(D) \( P'(250) = -22800 \)
(A) \( R(x) = -50x^2 + 2300x \)
(B) \( C(x) = 7000 + 100x \)
(C) \( P(x) = -50x^2 + 2200x - 7000 \)
(D) \( P'(250) = -22800 \)