SOLUTION: The price of an item is given by the following polynomial: p=3x-4 where x is the number of items sold. Revenue is found by multiplying the price by the number of items sold. Writ

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: The price of an item is given by the following polynomial: p=3x-4 where x is the number of items sold. Revenue is found by multiplying the price by the number of items sold. Writ      Log On

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Question 163660: The price of an item is given by the following polynomial: p=3x-4 where x is the number of items sold. Revenue is found by multiplying the price by the number of items sold. Write the polynomial representing the revenue.
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Given: "Revenue is found by multiplying the price by the number of items sold"

So this means that the revenue is

R%28x%29=num_of_items%2Aprice=x%2A%283x-4%29=3x%5E2-4x