Revenue Function Word Problems

1 day revenue no of customers.

Revenue function word problems. B what is the maximum daily revenue. 0 4m 50 and s m 0 03m. I plugged in the numbers and ended up with the equation 0 01x 2 40x 30 000. Find the revenue function.

Suppose that an air cannon in the punkin chunkin contest whose muzzle is 10 feet above the ground fires a pumpkin at an angle of 35 degrees to the horizontal with a muzzle velocity of 335 feet per second. I used p x r x c x profit revenue cost. Calculating the cost function. In addition the revenue per unit sold is.

Given that x represents the number of bags of biscuits sold a find i cost function c x c x ii revenue function r x iii profit function p x b calculate the daily profit if the factory sells 1200 bags of biscuits daily. The sorority itself will pay the flat rate and the additional amount above 35 per. If the cost per item is fixed it is equal to the cost per item c times the number of items produced x or c x c x. Quadratic relations 1 solving problems involving cost revenue profit the cost function c x is the total cost of making x items.

This problem is confusing me so much. A bag of biscuits sells for rm 1 80. Min max word problems 1 chapter 3. However for every empty seat the charge per person is increased by 2 dollars.

A price will the daily revenue be maximized. If the lemonade stand also sold cookies for 1 apiece the revenue function would be. Word problems on relations and functions. X i is the number of items sold.

R p 1 x 1 p 2 x 2 p n x n where. X lemonade is the number of lemonades sold. A sorority plans a bus trip to the great mall of america during thanksgiving break. After some research a company found out that if the price of a product is 50 dollars the demand is 6000.

Total cost c m s m 0 4m 50. There is a minimum of 10 passengers. Determine a function for the total cost of a ticket in terms of the mileage and find the airfare for flying 1600 miles. The bus they charter seats 44 and charge a flat rate of 350 dollars plus 35 dollars per person.

Then you will need to use the formula for the revenue r x p x is the number of items sold and p is the price of one item. Word problems on relations and functions. R 0 50 x lemonade 1 00 x cookie. So that is the product function and it s quadratic.

The only part that i have gotten so far is 1 and 2 but even then i am not sure entirely.