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Mathematics, 01.03.2021 23:20 lisabrewer18

Revenue, R(x), is the amount of money that your business makes. In this case, revenue is entirely dependent on your unit sale price, d, and how many units, x, you sell. The relationship is linear. In the current spreadsheet, d = $125. Take some time to gradually
increase and decrease the value of d. As you do, see how the cost, revenue, and profit curves change. What happens as d increases? What happens to the profit curve if d drops to $60 or below? Describe the situation in terms of the slope of the curves and the profitability of the business. Assume m = $40 and b = $8,000.

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