The cost to produce one compact disc is $1.75 plus a one-time fixed cost of $2900. The revenue received from selling one compact disc is $10.Write a formula that gives the revenue R from selling x compact discs
The formula that gives the revenue R from selling x compact discs is:
R = 10x - 2900
The formula to calculate the revenue R from selling x compact discs can be expressed as:
R = x * (10 - (1.75 + 2900))
Simplifying further:
R = x * (10 - 2901.75)
R = x * 8.25
To determine the revenue (R) from selling x compact discs, we can use the formula:
R = (selling price per disc) * (number of discs sold)
In this case, the selling price per disc is $10. Therefore, the formula can be expressed as:
R = $10 * x
Thus, the formula for revenue (R) from selling x compact discs is R = 10x.