This topic contains a solution. Click here to go to the answer

Author Question: The price p and x, the quantity of a certain product sold, obey the demand ... (Read 123 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590

Question 1

Solve the problem.

The price p and the quantity x sold of a certain product obey the demand equation:

What is the revenue to the nearest dollar when 600 units are sold?
◦ $10,000
◦ $8571
◦ $130,000
◦ $111,429

Question 2

Solve the problem.

The price p and x, the quantity of a certain product sold, obey the demand equation
p = - x + 100, {x|0 ≤ x ≤ 1000}
a) Express the revenue R as a function of x.
b) What is the revenue if 450 units are sold?
c) Graph the revenue function using a graphing utility.
d) What quantity x maximizes revenue? What is the maximum revenue?
e) What price should the company charge to maximize revenue?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kfurse on Feb 28, 2021

ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




kfurse

  • Member
  • Posts: 590
Reply 2 on: Feb 28, 2021
YES! Correct, THANKS for helping me on my review


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library