Question

The revenue function is given by $R(x) = x \cdot p(x)$ dollars where $x$ is the number of units sold and $p(x)$ is the unit price. If $p(x) = 42(4)^{-\frac{x}{4}}$, find the revenue if 12 units are sold. Round to two decimal places.

Name: the revenue function is given by rx x cdot px dollars where x is the number of units sold and px is the unit price if px 424 fracx4 find the revenue if 12 units are sold round to two decimal 40732
Uploaded: 2024-04-23T19:32:21-08:00
Duration: 1 min 5 s
Channel: Hoan Nguyen
Description: the revenue function is given by rx x cdot px dollars where x is the number of units sold and px is the unit price if px 424 fracx4 find the revenue if 12 units are sold round to two decimal 40732

          The revenue function is given by $R(x) = x \cdot p(x)$ dollars where $x$ is the number of units sold and $p(x)$ is the unit price. If $p(x) = 42(4)^{-\frac{x}{4}}$, find the revenue if 12 units are sold. Round to two decimal places.

$the revenue function is given by rx x cdot px dollars where x is the number of units sold and px is the unit price if px 424 fracx4 find the revenue if 12 units are sold round to two decimal 40732$

Added by Clifford C.

Elementary and Intermediate Algebra

Alan S. Tussy, R. David Gustafson 5th Edition

Instant Answer

Solved by Expert Hoan Nguyen

04/23/2024

Step 1

We need to find the revenue when 12 units are sold, which means we need to calculate $R(12)$. First, substitute the expression for $p(x)$ into the revenue function: $R(x) = x \cdot 42(4)^{-\frac{x}{4}}$ Now, substitute $x = 12$ into the revenue function: $R(12) Show more…

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The revenue function is given by $R(x) = x \cdot p(x)$ dollars where $x$ is the number of units sold and $p(x)$ is the unit price. If $p(x) = 42(4)^{-\frac{x}{4}}$, find the revenue if 12 units are sold. Round to two decimal places.