Acompany charting its profits notices that the relationship between the number of units sold, x, and the profit, p, is linear. if 190 units sold results in $3520 profit and 240 units sold results in $6420 profit, write the profit function for this company.

Profit equation is

Explanation:

Substituting the value of profit and units sold into this equation we can find out the value for b,

So, the profit equation is

The producer uses money to produce more objects. Where as the consumer uses his money to buy things that he needs.

Producer has more money to spend then consumer.