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Question

/neffectivelser-voo62j&key-MzM.JIxybgwoa3ut.; B er-vtoo62j&key; MzMJIXjvbgwoa3uH.OB M AHS-Links for Staff Bb Use Guid MATHEMATICAL ASSOCIATION OF AMERICA / ft set ! 1 Function Problem Set: Problem 1 Problem List Next Problem (1 point) Suppose Q- f(p) denotes the number of barrels of oil sold by a company when the price is p dollars per barrel. R(Q) denotes the revenue earned in millions of dollars for selling Qbarrels. Which of the statements best explains the meaning of R(f(p))? O A. The revenue earned when the price of oil per barrel is p dollars O B. The total amount of barrels sold when the overall revenue is p dollars. O C. The total amount of barrels sold when the price of oil per barrel is p dollars O D. The total arunt of revenue earned for selling p barrels of oil. E. None of the above You have attempted this problem 0 times. You have 2 attempts remaining

Explanation / Answer

Hello,

Since R(Q) is denoting 'revenue' earned, so the options B and C are out of the picture (since they're regarding the amount of barrels that is Q not R)

Now ,f(p) = number of barrels sold by a company when the price is p dollars.

By definition R(f(p)) will be the revenue earned by selling f(p) barrels. ....(i)

Put in the defn of f(p)

So (i) will become R(f(p)) is the revenue earned by selling barrels when the price is p dollars.

So 'OPTION A' best explains R(f(p)).