Question

A manufacturer makes tshirts where the quantity of tshirts sold is a function of (is dependent on) the price in which they can sell the tshirts. The linear model for this is Q(p) = -100p + 2500 where p represents the price of each tshirt and Q(p) represents the quantity sold.

Answer 1

Revenue function: The revenue R(x) from selling x units is the product of price per unit p and the number of items sold x (demand). R(x) = px

Explanation: