Question

A firm $ABC$ starts producing pens and finds that the production cost of each pen is Rs $10$, and the fixed expenditures of production is Rs. $4500$. If each pen is sold for Rs. $25$, find Revenue function

• A. $25x$
• B. $10x$
• C. $4500x$
• D. $4500+10x$

Answer 1

The correct option is A $25x$

R(x)= ( price per unit)*(number of units produced or sold)
Revenue function = $25\times x$ (number of units)
Revenue function =$25x$