Problem

Cost A company posted a net loss of $3 billion during the 3rd quarter. During the sa...

Cost A company posted a net loss of $3 billion during the 3rd quarter. During the same quarter, the company’s revenue was $5 billion.

a. What was the company’s cost in the 3rd quarter?

b. Assuming R(t) represents revenue and P(t) represents profit during the tth quarter, write an expression for cost.

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