SOLUTION: Business and Finance: The price of an item is given by p=2x^2-100. Find the polynomial that represents the revenue generated from the scale of x items. I do not even know where

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: Business and Finance: The price of an item is given by p=2x^2-100. Find the polynomial that represents the revenue generated from the scale of x items. I do not even know where      Log On


   



Question 83733: Business and Finance: The price of an item is given by p=2x^2-100. Find the polynomial that represents the revenue generated from the scale of x items.
I do not even know where to start with one, I would appreciate your help. Thanks

Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
The price of an item is given by p=2x^2-100. Find the polynomial that represents the revenue generated from the scale of x items.
:
We know that revenue = (total items sold) * (price per item)
:
In the above equation; price (p) = (2x^2 - 100)
The number of items is give as x:
Therefore:
Revenue = x * (2x^2 - 100)
:
R = 2x^3 - 100x; multiplied what's in brackets
:
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