Math Problem Statement

An appliance company has determined that the cost of producing ice cream makers is $22.50 per ice cream maker plus $6000 per month in fixed costs. The appliance company sells each ice cream maker for $60 .

Step 1 of 4: Find the revenue function.

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Functions
Revenue and Cost Functions

Formulas

Revenue function: R(x) = price_per_item * quantity_sold
Cost function: C(x) = variable_cost * quantity + fixed_cost

Theorems

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Suitable Grade Level

Grades 9-12