1. A business records its net profits for the week by subtracting the operating costs from the revenue. The function P(x) = (140x) – (30x + 1200) represents the profits for one week, where x is the number of products sold. Which statement is true? a) The slope of the function is 110, and it represents the change in net profit per product sold.
b) The slope of the function is 140, and it represents the initial operating costs of the business
c) The slope of the function is 110, and it represents the initial operating costs of the business.
d) The slope of the function is 140, and it represents the change in net profit per product sold.