The cost to produce one compact disc is $
1.75 plus a one-time fixed cost of $
2400. The revenue received from selling one compact disc is $
12.
(b) Write a formula that gives the revenue R from selling x compact discs.
R
enter your response here (Simplify your answer.)
The formula that gives the revenue R from selling x compact discs is:
R = 12x
The cost to produce one compact disc is $
1.75 plus a one-time fixed cost of $
2400. The revenue received from selling one compact disc is $
12.(c) Profit equals revenue minus cost. Write a formula that calculates the profit P from selling x compact discs.
P
enter your response here (Simplify your answer.)
The formula that calculates the profit P from selling x compact discs is:
P = (12x) - (1.75x + 2400)
Simplifying further:
P = 12x - 1.75x - 2400
To find the revenue (R) from selling x compact discs, you can use the formula:
R = x * 12
Explanation:
The formula multiplies the number of compact discs sold (x) by the selling price per disc ($12). Since each disc generates $12 in revenue, multiplying the number of discs sold by 12 gives us the total revenue (R).
Therefore, the simplified formula is R = 12x.