Question: 3. Let R(x) = -0.2x +40x thousand dollars be the monthly revenue of the Acme Corp where x is the number of items sold

3. Let R(x) = -0.2x +40x thousand dollars be the monthly revenue

3. Let R(x) = -0.2x +40x thousand dollars be the monthly revenue of the Acme Corp where x is the number of items sold in the month, 0 < x < 80. (a) Identify the input and output of R and list their variable, units, and description. Input Variable: Input Units: Items Input Description: Output Variable: Output Units: Output Description: (b) What was the monthly revenue of the Acme Corp when 58 items are sold in the month. Solution: 1,647.2 Solution: 1,663. (c) What was the monthly revenue of the Acme Corp when 59 items are sold in the month. (d) How many items will Acme need to sell in order to make $1 million in monthly revenue? Solutions: 100+502, 100-

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Input Variable Output Variable R2 Input Units Items number of items sold Output Units Thousand dolla... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!