Theodore and Sarah have a small business selling custom-made T-shirts. They currently sell 250 shirts per...

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Theodore and Sarah have a small business selling custom-made T-shirts. They currently sell 250 shirts per month and charge $12 per T-shirt. Sarah thinks they can increase their revenue by increasing their selling price, but Theodore knows from experlence that each $l increase in price will decrease the number of T-shirts they sell by 7 shirts per month. Find an expression for the total monthly revenue Theodore and Sarah's business can generate if they change the selling price of their T-shirts. Let x represent the number of $1 increases in the price of the T-shirts. Theodore and Sarah have a small business selling custom-made T-shirts. They currently sell 250 shirts per month and charge $12 per T-shirt. Sarah thinks they can increase their revenue by increasing their selling price, but Theodore knows from experlence that each $l increase in price will decrease the number of T-shirts they sell by 7 shirts per month. Find an expression for the total monthly revenue Theodore and Sarah's business can generate if they change the selling price of their T-shirts. Let x represent the number of $1 increases in the price of the T-shirts.

Answer rating: 100% (QA)

The values provided in the question are as follows Existing sales volume 250 shirts pe... View the full answer