Answer:
The equation for revenue can be given as:
[tex]R=34x[/tex]
Step-by-step explanation:
Given:
The cost [tex]C[/tex](in dollars) for beads to make bracelets is:
[tex]C=4x+180[/tex]
where [tex]x[/tex] is the number of bracelets.
Each bracelet is sold for $34
To write an equation for the revenue [tex]R[/tex] in terms of the number of bracelets
Solution :
Let us that [tex]x[/tex] bracelets are sold
Since the price of bracelet is $34
The revenue can be calculated as:
[tex]R=P\times Q[/tex]
where [tex]P[/tex] represents the price of the good and [tex]Q[/tex] represents the quantity of the goods sold
For the data given:
[tex]P=\$34[/tex]
[tex]Q=x[/tex]
Thus, the equation for revenue can be given as:
[tex]R=34x[/tex]
