p(x)=(x−0.83)(500−100x)The equation models p, the profit in dollars made by selling tacos at a price of x dollars each. According to the model, as the price of a taco increases, the number of tacos sold decreases. Which of the following statements is the best interpretation of the ordered pair (2,351) ?Choose 1 answer:(A) 351 tacos are sold at 2 dollars per taco.(B) The profit from selling each taco is 2 dollars, and 351 tacos are sold.(C) The profit from selling tacos at 2 dollars each is 351 dollars.(D) The total revenue from selling tacos at 2 dollars each is 351 dollars.
Q. p(x)=(x−0.83)(500−100x)The equation models p, the profit in dollars made by selling tacos at a price of x dollars each. According to the model, as the price of a taco increases, the number of tacos sold decreases. Which of the following statements is the best interpretation of the ordered pair (2,351) ?Choose 1 answer:(A) 351 tacos are sold at 2 dollars per taco.(B) The profit from selling each taco is 2 dollars, and 351 tacos are sold.(C) The profit from selling tacos at 2 dollars each is 351 dollars.(D) The total revenue from selling tacos at 2 dollars each is 351 dollars.
Plug x=2: Plug x=2 into the profit function p(x) to verify the profit when the price per taco is $2.p(2)=(2−0.83)(500−100×2)
Calculate profit: Calculate the profit using the given values. p(2)=(1.17)(500−200)
Continue calculation: Continue the calculation. p(2)=(1.17)(300)
Multiply for profit: Multiply to find the profit. p(2)=351
Interpret result: Interpret the result in the context of the problem. The ordered pair 2,351 means that the profit from selling tacos at $2 each is $351.
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