The Revenue R (In Dollars)generated by the Sale of X $( x - 116 ) ^ { 2 } = - \frac { 4 } { 5 } ( R - 16,820 )$

question 69

Multiple Choice

The revenue R (in dollars) generated by the sale of x units of a patio furniture set is given by $( x - 116 ) ^ { 2 } = - \frac { 4 } { 5 } ( R - 16,820 )$ .Approximate the number of sales that will maximize revenue. ​

• A) \[R = 116 x - \frac { 5 } { 4 } x ^ { 2 }\] The revenue is maximum when \(x = 116\) units.
• B) \(R = 116 x + \frac { 5 } { 4 } x ^ { 2 }\) The revenue is maximum when \(x = 16,820\) units.
• C) \(R = 290 x + \frac { 5 } { 4 } x ^ { 2 }\) The revenue is maximum when \(x = 16,820\) units.
• D) \(R = 290 x - \frac { 5 } { 4 } x ^ { 2 }\) The revenue is maximum when \(x = 116\) units.
• E) \(R = 290 x + \frac { 5 } { 4 } x ^ { 2 }\) The revenue is maximum when \(x = 290\) units.

---

Definitions:

Expected Rate Of Return

The profit or loss an investor anticipates on an investment, stated as a percentage of the initial investment.

Total Investment

The sum of all expenditures on capital assets, including stocks, bonds, real estate, and physical goods, within a specific period.

Opportunity Cost

The price of missing out on the next best option while making a choice or deciding between various possibilities.

Borrowed Funds

Capital that is obtained through loans or credit, typically for investment or expenditures, that needs to be repaid.