A bookstore costs $90 a day to keep open, and spends $12 for each book it sells. the store charges $18 for each book it sells. If n represents the number of books sold, which equation represents the revenue function for this bookstore?

Respuesta :

Total Cost in a day is [tex]TC= 90 + 12n[/tex]. Profit function is [tex]P=18n[/tex]. And the revenue function is [tex]R = P-TC = 18n-12n-90 = 6n-90[/tex]. In a day, bookstore must sell at least 15 books, because of 6n-90=0, in order to make profit. 

Answer:

[tex]R=6n-90[/tex]

Step-by-step explanation:

Let

R------> the revenue function

n------> the number of books sold per day

we know that

In this problem

[tex]18n[/tex] -----> represent the profit

[tex](12n+90)[/tex] -----> represent the cost

so

The revenue is equal to the profit minus the cost

[tex]R=18n-(12n+90)[/tex]

[tex]R=n(18-12)-90[/tex] ------> equation that represent the revenue function

Simplify

[tex]R=6n-90[/tex]