# revenue

• Aug 31st 2007, 11:38 AM
harry
revenue
If the revenue for selling x units of a product is given by R=x(25-1/2x), find the number of units sold if the revenue is \$294.50
• Aug 31st 2007, 11:43 AM
Jhevon
Quote:

Originally Posted by harry
If the revenue for selling x units of a product is given by R=x(25-1/2x), find the number of units sold if the revenue is \$294.50

replace R with 294.50, and solve for x

or, did you know to do that but having trouble solving the equation?
• Aug 31st 2007, 11:51 AM
harry
actually i got stuck...

294.50=x(25-1/2x)
589=50x-x^2
we get x^2-50x+589=0
now solving this quadratic equation we get x1=19 and x2=31
now hat should i choose the value of x?
• Aug 31st 2007, 11:59 AM
Jhevon
Quote:

Originally Posted by harry
actually i got stuck...

294.50=x(25-1/2x)
589=50-x^2
we get x^2-50x+589=0
now solving this quadratic equation we get x1=19 and x2=31
now hat should i choose the value of x?

say both. we can obtain that revenue by selling two different quantities, either 19 or 31.