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Math Help - Function Notation - Revenue - know the answer, need to understand question

  1. #1
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    Smile Function Notation - Revenue - know the answer, need to understand question

    The relationship between the selling price of a sleeping bag, s dollars, and the revenue at that selling price, r(s) dollars, is represented by the function r(s)=-10s2 + 1500s.
    Evaluate, interpret and compare r(29.95), r(60.00), r(75.00), r(90.00), and r(130.00). (13 marks)


    a) r(29.95) = 35,954.97

    They made a revenue of $35, 954.97.

    b) r(60.00) = 54,000

    They made a revenue of $54, 000.

    c) r(75.00) = 56, 250

    They made a revenue of $56, 250.

    d) r(90.00) = 54, 000

    They made a revenue of $54, 000.

    e) r(130.00) = 26,000

    They made a revenue of $26, 000.

    The highest revenue to be made is from selling the sleeping bag at $75.00 for a total revenue of $56, 250.
    The lowest revenue to be made is from selling the sleeping bag at $130.00 for a total revenue of $26, 000.

    --


    As you can see, I have the answers (and I have my work shown on my actual sheet to hand in).
    Basically, I'm asking if I'm supposed to be doing anything else to get the full 13 marks. The words "Evaluate, interpret, and compare" are pretty vague to me. Am I supposed to make like a table of values or a graph too?

    Am I supposed to answer the question as to WHY the revenue is low if the selling price is at it's highest?
    If that is the case, what am I supposed to say in context of the question other than because there is a negative on the -10s2.
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  2. #2
    Senior Member Paze's Avatar
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    Re: Function Notation - Revenue - know the answer, need to understand question

    At least include your calculations. Then I suppose you are good.
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  3. #3
    Senior Member sakonpure6's Avatar
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    Re: Function Notation - Revenue - know the answer, need to understand question

    You can also complete the square for the function given to support your answer that at $75 you make the most revenue
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  4. #4
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    Re: Function Notation - Revenue - know the answer, need to understand question

    Yeah, I have my calculations included on the actual sheet I'll be handing in.
    I'm always so cautious with math, it just looks too easy right now, I feel like there's a trick question I'm missing :/
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  5. #5
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    Re: Function Notation - Revenue - know the answer, need to understand question

    I have completed the square for all of the different values given. I just have them written on my sheet. I was just getting lazy to type in the calculations on here.
    But.. That is it right? o-o I'm not missing anything they're trying to ask in between in the lines?
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