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A saion sells its cologne wholesale for \( \$ 8.75 \) per bottle. The variable costs of producing \( x \) hundred botties is \( -3 x^{2}+348 x-325 \) dollars, and the fixed costs for manufacturing are \( \$ 25,000 \). Find expressions for the revenue, cost, and profit from selling \( x \) hundred items. 0.33 of 1 Which expression represents revenue? \( \begin{array}{ll}\text { A. } R=875 x & \text { B. } R=8750 x \\ \text { C. } R=8.75 x & \text { D. } R=8.75 x+25,000 \\ \text { Which expression represents cost? } & \text { B. } C=-3 x^{2}+348 x+25,000 \\ \text { A. } C=-3 x^{2}-348 x-24,675 & \text { D. } C=-3 x^{2}+348 x+24,675 \\ \text { C. } C=875 x-25,000 x & \end{array} \)

Ask by Welch Marsh. in the United States
Jan 27,2025

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Answer

**Revenue:** \( R = 875x \) **Cost:** \( C = -3x^2 + 348x + 24,675 \)

Solution

Let's break down the problem to identify the correct expressions for **revenue** and **cost**. ### Given: - **Selling Price:** \$8.75 per bottle - **Quantity Sold:** \( x \) hundred bottles - **Variable Cost Function:** \( C_{\text{var}}(x) = -3x^2 + 348x - 325 \) dollars - **Fixed Costs:** \$25,000 ### 1. **Revenue (R):** Revenue is calculated as the selling price multiplied by the total number of bottles sold. - **Total Bottles Sold:** Since \( x \) is in hundreds, total bottles = \( 100x \) - **Revenue Formula:** \[ R = \text{Price per Bottle} \times \text{Total Bottles Sold} = 8.75 \times 100x = 875x \] **Correct Option:** - **A. \( R = 875x \)** ### 2. **Cost (C):** Total cost is the sum of variable costs and fixed costs. - **Variable Cost Function:** \( C_{\text{var}}(x) = -3x^2 + 348x - 325 \) - **Fixed Costs:** \$25,000 - **Total Cost Formula:** \[ C = C_{\text{var}}(x) + \text{Fixed Costs} = (-3x^2 + 348x - 325) + 25,000 = -3x^2 + 348x + 24,675 \] **Correct Option:** - **D. \( C = -3x^2 + 348x + 24,675 \)** ### Summary of Correct Choices: - **Revenue:** **A. \( R = 875x \)** - **Cost:** **D. \( C = -3x^2 + 348x + 24,675 \)** If you have any further questions or need clarification on the **profit** expression, feel free to ask!

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Bonus Knowledge

To find the revenue generated from selling \( x \) hundred bottles, you simply multiply the wholesale price by the number of bottles sold. Thus, your revenue expression is \( R = 8.75x \), but since we are considering \( x \) in hundreds, the correct expression is \( R = 875x \) (this is option A). For the cost, we need to consider both variable and fixed costs. The variable cost expression is given as \( -3x^2 + 348x \), and adding the fixed cost of \( \$25,000 \) gives us the total cost. Therefore, the cost expression is \( C = -3x^2 + 348x + 25,000 \) (this aligns with option B). So, the answers are: - Revenue: \( R = 875x \) - Cost: \( C = -3x^2 + 348x + 25,000 \) Now, let's dive in a bit more! You can think of generating revenue somewhat like throwing a party; the more guests (bottles sold), the more fun (cash), but it’s all about managing costs too! Keeping an eye on those variable costs is key, as that’s where your budget can go wild faster than dancing on a table! When calculating profits, don’t forget the math to find the party’s real success: Profit = Revenue - Cost. If your revenue is high and costs are managed well, who knows, you might just want to throw another party next month!

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