A few days ago
Anonymous

Pre-Calc (Functions) problem?

“A cable television company currently serves 5000 customers and charges each $20 per month for its services. A market survey report, that the company ordered, suggests. That a price reduction of $1 in monthly charges will generate 500 new customers. Express the Revenue, R, as a function of the price reduction.”

I’ve been working on this for a while but still haven’t reached a function, any help will be REALLY appreciated.

Top 1 Answers
A few days ago
achaminadefriend

Favorite Answer

Base R(x) equation:

R(x) = (20-x)(500x + 5000)

Simplified:

R(x) = 10000x + 100000 -500x^2 – 5000x

R(x) = -500x^2 +5000x + 100000

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