Question

An online shopping club has 4,600 members when it charges ​$9 per month for membership. For each ​$1 monthly increase in membership​ fee, the club loses approximately 200 of its existing members. Write and simplify a function R to represent the monthly revenue received by the club when x represents the price increase.

Hint – Monthly Revenue = # of members • monthly fee
ℙ !!​

Answer 1

Answer: R = (4600 - 200x) ( 9 + 1x)

Explanation:

We have that

Revenue = Members * (Cost Per Member)

Where x represents the number of $1 increases