What is the profit equation for the company

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Reference no: EM131027051

Soumotchka Accessories make customized handbags to order.

The price they can charge depends on how many they sell, x, consistent with the expression:

Price (£) = 242 – 0.4x

The total cost of producing the handbags is: Cost (£) = 300 + 2x + 0.1 x2

(a) What is the profit equation for the company?

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