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melamori03 [73]
3 years ago
8

Explain why a quadratic function is a reasonable model for revenue. choose the correct answer below.

Mathematics
1 answer:
Andrei [34K]3 years ago
5 0
Revenue = Sales Volume (x) times Price. Price depends on volume sold: the more you are willing to sell per week, the lower your average price will have to be to get them all sold. 

<span>eg, if there are a fixed number of buyers with a variety of incomes, then you might be able to sell the first 10 per month for £30 each through the up-market High Street jeweller. If you want to sell an extra 10 per month you might have to reduce the price to £15 and sell them through Asda/WalMart. And to move another 10 per month you may have to sell them from a street stall at £5 each! </span>
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5/6-1/9=?/?-?/? =13/18
daser333 [38]
15/18 - 2/18 = 13/18

Find the least common multiple of 6 and 9. The LCM is 18. In order to get 18 on the denominator with 6, you have to multiply by 3 because 6 times 3 is 18. You have to multiply 3 to the numerator, so 5 times 3 is 15. Thus, the first fraction is 15/18. To get the second, you need to find what would get you 18 on the denominator with 9. You need 2, so 9 times 2 is 18. You have to multiply 2 to the numerator, so 1 times 2 is 2. Thus, the second fraction is 2/18.

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y = 8x + 15

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