Suppose that at a price of 7 , SweetShop sells 55 cupcakes. When they lower the price to 3 , the quantity of cupcakes sold rises to 69 . At quantity of 55 , SweetShop's total revenue is \( \$ \)

To find the total revenue at a quantity of 55 cupcakes, we need to calculate the revenue at the price of 7 and then multiply it by the quantity of 55 cupcakes. Given: - Price at which 55 cupcakes are sold: 7 - Quantity of cupcakes sold at a price of 3: 69 Let's denote the total revenue at a quantity of 55 cupcakes as \( R \). The total revenue is calculated as the product of the price and the quantity sold. Therefore, the total revenue at a quantity of 55 cupcakes is: \[ R = 7 \times 55 \] Now, let's calculate the total revenue at a quantity of 55 cupcakes. Calculate the value by following steps: - step0: Calculate: \(7\times 55\) - step1: Multiply the numbers: \(385\)