The revenue function is given by R(x)=x⋅p(x) dollars where x is the number of units sold and p(x) is the unit price. If p(x)=26(4)−x5, find the revenue if 15 units are sold. Round to two decimal places.

Answers

Answer 1

If price p(x) =26(4)^{-x/5}, the revenue when 15 units are sold is equal to $6.09.

How to calculate the amount of revenue at p(15)?

From the information provided, the amount of revenue with respect to price that's being generated in this scenario can be calculated by using the following function (expression):

R(x) = x × P(x)

Where:

x represents the number of units sold.p(x) represents the unit price.

Since the revenue function, we would simply substitute the value of the unit price and evaluate as follows:

Revenue, R(x) = x × 26(4)^{-x/5}

Substituting the given parameters into the formula, we have;

Revenue, R(x) = 15 × 26(4)^{-15/5}

Revenue, R(x) = 15 × 26(4)^{-3} or (15 × 26)/4³

Revenue, R(x) = 15 × 26(0.015625) or 390/64

Revenue, R(x) = 6.09375 ≈ $6.09.

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Complete Question:

The revenue function is given by R(x)=x⋅p(x) dollars where x is the number of units sold and p(x) is the unit price. If p(x)=26(4)^{-x/5}, find the revenue if 15 units are sold. Round to two decimal places.


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Find the following
i. f(a − 1) + g(a + 1)
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Step-by-step explanation: a square x b square

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