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Recall that revenue is related to price and the number of widgets sold. Assume that the annual widget sales match the annual widget demand, and

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Recall that revenue is related to price and the number of widgets sold. Assume that the annual widget sales match the annual widget demand, and construct a model for revenue using the model for price that you found in the Price section. Find the model for revenue R(x), where R(x) is the total annual revenue in dollars for a widgets sold, and write it as R(x) = ax + bx + c. Note: You are using the fact that R(x) = x p(x), not creating a table of data. Question 1 1 pts Enter the value for a. Enter the value for b. Question 3 Enter the value for c. Question 4 Use the revenue model R(x) = ax2 + bx+c. Compute R(45), rounded to the nearest tenth. Compute R(45), rounded to the nearest tenth. Interpret your findings in terms of widget sales and revenue in complete sentences. Be sure to include the units on 45 and R(45) in your response. 12pt Paragraph ... p 0 O words > Question 2 3 pts Determine the number of widgets that you should try to sell in order to maximize revenue. What is the maximum revenue. Be sure to answer in complete sentences and to include units. Explain how you found the results. Annual widget production x(widgets) 10 Price per widget p ($/widget) 147 Annual total cost C ($) 609 20 132 1105 30 125 1523 40 128 113 50 2150 2603 3121 60 97 70 85 80 82 79 3672 4103 4601 5214 90 100 53 Recall that revenue is related to price and the number of widgets sold. Assume that the annual widget sales match the annual widget demand, and construct a model for revenue using the model for price that you found in the Price section. Find the model for revenue R(x), where R(x) is the total annual revenue in dollars for a widgets sold, and write it as R(x) = ax + bx + c. Note: You are using the fact that R(x) = x p(x), not creating a table of data. Question 1 1 pts Enter the value for a. Enter the value for b. Question 3 Enter the value for c. Question 4 Use the revenue model R(x) = ax2 + bx+c. Compute R(45), rounded to the nearest tenth. Compute R(45), rounded to the nearest tenth. Interpret your findings in terms of widget sales and revenue in complete sentences. Be sure to include the units on 45 and R(45) in your response. 12pt Paragraph ... p 0 O words > Question 2 3 pts Determine the number of widgets that you should try to sell in order to maximize revenue. What is the maximum revenue. Be sure to answer in complete sentences and to include units. Explain how you found the results. Annual widget production x(widgets) 10 Price per widget p ($/widget) 147 Annual total cost C ($) 609 20 132 1105 30 125 1523 40 128 113 50 2150 2603 3121 60 97 70 85 80 82 79 3672 4103 4601 5214 90 100 53

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