Question

Company sells gadgets and widgets. the gadgets sell at p = 1264 − 5x − 2y and the widgets sell at q = 912 − 4x − 3y when x is the number of gadgets sold, y is the number of widgets sold and p and q are in dollars. (a) find the company's revenue function.

Answer 1

The total revenue for the company will be given by:
Revenue=(gadget sales)+(widget sales)
gadget sales is given by:
p = 1264 − 5x − 2y
widget sales is given by:
q = 912 − 4x − 3y
Thus;
Revenue=(1264-5x-2y)+(912-4x-3y)
=2176-9x-5y

Answer: 2176-9x-5y