A souvenir shop sells special mugs at a price of 15
each, and at that price, a total of 450
mugs are sold per month. The store manager estimates that for every 1
increase in the price of the mug, 18
fewer mugs will be sold per month. If the price of the mug increases by x
dollars, which of the following functions best models the estimated monthly revenue R(x)
, in dollars, generated from selling the mugs? (The revenue generated from selling the mugs can be found by multiplying the price of the mug by the number of mugs sold.)
A) R(x)= (15)(450) - (x)(18x)
B) R(x)= (15+x) (450 - 18x)
C) R(x)= (15-18x) (450 + x)