You are given the price of each item, which is assumed to be constant. Find the revenue equation, where R is revenue and x is the number sold.
Price per item = $0.55

The revenue equation is found by multiplying the price per item by the number of items sold.

Given:
- Price per item = $0.55
- Number of items sold = $ x $

The revenue $ R $ is the total amount of money earned, which can be expressed as:

\[
R(x) = 0.55x
\]

Where:
- $ R(x) $ is the revenue as a function of $ x $,
- $ x $ is the number of items sold.

Would you like more details or have any questions?

Here are 5 related questions to explore further:
1. What happens to revenue if the price per item increases to $0.75?
2. How does revenue change if you sell twice as many items?
3. What is the revenue if you sell 100 items at $0.55 each?
4. How can you calculate the break-even point if there are fixed costs?
5. How would you find the maximum revenue in this scenario?

**Tip:** Understanding revenue functions is key in business and economics, especially when analyzing sales and profit margins.

You are given the price of each item, which is assumed to be constant. Find the revenue equation, where R is revenue and x is the number sold. Price per item = $0.55

Learn how to calculate revenue using the formula R(x) = 0.55x, where x is the number of items sold at $0.55 each. This problem covers key concepts in linear functions and revenue calculation, suitable for students in Grades 6-8.

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