R(x)=x(60,000−1,000x)The function models R, the revenue, in dollars, from selling a particular board game at a price of x dollars. What is the revenue if the board game is sold at a price of 30 dollars?Choose 1 answer:(A) $500,000(B) $800,000(C) $900,000(D) $1,770,000
Q. R(x)=x(60,000−1,000x)The function models R, the revenue, in dollars, from selling a particular board game at a price of x dollars. What is the revenue if the board game is sold at a price of 30 dollars?Choose 1 answer:(A) $500,000(B) $800,000(C) $900,000(D) $1,770,000
Identify revenue function and price: Identify the revenue function and the price at which the board game is sold. The revenue function is given by R(x)=x(60,000−1,000x), where x is the price in dollars at which the board game is sold. We are asked to find the revenue when the board game is sold at a price of $30.
Substitute price into revenue function: Substitute the price into the revenue function to calculate the revenue.R(30)=30(60,000−1,000×30)First, calculate the expression inside the parentheses.60,000−1,000×30=60,000−30,000
Calculate expression inside parentheses: Continue the calculation from Step 2.60,000−30,000=30,000Now, multiply this result by the price of $30.R(30)=30×30,000
Multiply result by price: Calculate the final revenue.R(30)=30×30,000R(30)=900,000The revenue from selling the board game at a price of $30 is $900,000.
More problems from Write a linear inequality: word problems