1. **State the problem:** We are given a revenue function $$R = 2000 - 1000 \times (P - 2)^2$$ and asked to find the revenue when the price $$P = 2.50$$.
2. **Formula and explanation:** The revenue function shows how revenue changes with price. The term $$(P - 2)^2$$ means revenue decreases as price moves away from 2.
3. **Substitute the given price:**
$$R = 2000 - 1000 \times (2.50 - 2)^2$$
4. **Calculate inside the parentheses:**
$$2.50 - 2 = 0.50$$
5. **Square the difference:**
$$0.50^2 = 0.25$$
6. **Multiply by 1000:**
$$1000 \times 0.25 = 250$$
7. **Subtract from 2000:**
$$R = 2000 - 250 = 1750$$
**Final answer:** The revenue at price 2.50 is **1750**.
Therefore, the correct choice is **b) 1750**.
Revenue Value Pricing 5B3E4F
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