Consider the following price demand function p(x) = 107- 10x and the cost function C(x)= 23+25x. Here x is in thousands of items, and p(x) is in S. The corresponding Revenue function R(x) is given by: O a. R(x)=-10x+82x-23 O b. R(x)=-1Ox+132x-23 O C. R(x)=-250x+2445x+2461 O d. R(x)=107x-10x Oe. R(x)=-1Ox+82x+23

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Consider the following price demand function p(x) = 107– 10x and the cost function C(x)= 23+25x. Here x is in thousands of items, and p(x) is in S.
The corresponding Revenue function R(x) is given by:
O a. R(x)=-10x+82x-23
b. R(x)=-10x+132x-23
O c. R(x)=-250x+2445x+2461
O d. R(x)=107x-10x
O e. R(x)=-10x+82x+23
Transcribed Image Text:Consider the following price demand function p(x) = 107– 10x and the cost function C(x)= 23+25x. Here x is in thousands of items, and p(x) is in S. The corresponding Revenue function R(x) is given by: O a. R(x)=-10x+82x-23 b. R(x)=-10x+132x-23 O c. R(x)=-250x+2445x+2461 O d. R(x)=107x-10x O e. R(x)=-10x+82x+23
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Step 1

Given that:

Price demand function, p(x) = 107-10x 

Cost function, C(x) =23+25x

Find the revenue function R(x).

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