R = x * p
p=-1/10x + 60
function of R(x) :
R(x) = x * (-1/10x + 60)
What is the question asking?
a.I made the the function equal to 0 and got 600 then I multiplied in x=600 into the function and got -60x+60.
But I don't get what I did or what it's asking me. Please Help
p=-1/10x + 60
function of R(x) :
R(x) = x * (-1/10x + 60)
What is the question asking?
Given that the selling price is given by the equation p = -1/10x + 60, you can substitute this value of p into the revenue function.
Therefore, the revenue function is calculated as follows:
R = x * p
Replacing the value of p with -1/10x + 60:
R = x * (-1/10x + 60)
Now, you can simplify this expression by distributing the x:
R = -1/10x^2 + 60x
Thus, the revenue function R in terms of the number of units sold (x) is -1/10x^2 + 60x.
The selling price equation is given as: p = -1/10x + 60
To calculate revenue, we need to multiply the selling price (p) by the number of units sold (x).
R = x * p
Substituting the selling price equation into the revenue equation:
R = x * (-1/10x + 60)
Now, we can simplify and express the revenue function in terms of x:
R = -1/10x^2 + 60x
This is the expression for revenue (R) as a function of the number of units sold (x). It is a quadratic function with a negative coefficient for the x^2 term.