Question
Write the cost function, C.
(x)
Type an expression using
as the variable.
Write the revenue function,
.
ype an expression using
as the variable.
(x)
Type an expression using
Write the revenue function,
ype an expression using
Ask by Bernard Tyler. in the United States
Mar 26,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The revenue function is
, where
is the price per unit.
Solution

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Mind Expander
The revenue function
often depends on the price per unit times the number of units sold, which can be expressed as
, where
is the price at which each unit is sold. For instance, if the price is
dollars per unit, then the revenue function becomes
.
To illustrate, if you sell each unit for $400, then your revenue function would be
. This means that for every unit sold, you generate $400 in revenue - cha-ching!