Question

Felicity has a calligraphy business. . Her monthly expenses are $650. It costs her $1.25 per wedding invitation (paper, ink and time) to create an invitation. She charges $2.50 per wedding invitation Write the total monthly Revenue as a function of the number x of wedding invitations ordered. R=_____ *x

Answer 1

`R=2.5x`

Explanation:

the main thing to understand here is that revenue is the amount earned, and profit is that amount subtracted all the costs. here, the revenue is simply how much she charges for each wedding invitation.

so, we would have
`R=2.5x` as our function, as we have x wedding invitations and 2.5 is the "value" of each invitation. so, for example 10 invitations means she earns $25, but this isn't the profit, just the revenue. profit is found as the difference of revenue and costs.