Question

An online shopping club has 14,000 members when it charges ​$9 per month for membership. For each ​$1 monthly increase in the membership​ fee, the club loses approximately 500 of its existing members. Write and simplify a function R to represent the monthly revenue received by the club when x represents the price increase.
​Hint: Monthly revenue​ = # membersmonthly fee.
PLEASE HELP

Answer 1

Answer:

The max revenue is acheived with 7  increases

Step-by-step explanation:

Revenue  =  Members  *  (Cost Per Member)

 

R  = (4600 - 200x) ( 9 + 1x)

 

Where x represents the number of $1  increases