A theater sells tickets for $12, with 300 tickets sold at this price. For every $1 increase in ticket price, 50 fewer tickets are sold. The total revenue, , in dollars, where is the number of $1 increases in ticket price, is given by the function . Which of the following is the best interpretation of ?
If the ticket price is $1, the total revenue is $3250.
If the total revenue is $1, the ticket price was increased by $3250.
If the ticket price is increased by $1, the total revenue is $3250.
If 3250 tickets are sold, the ticket price was increased by $1.