The pricedemand equation for home-delivered large pizzas is p = 38.2 - 0.002x where x is the
Question:
The price–demand equation for home-delivered large pizzas is
p = 38.2 - 0.002x
where x is the number of pizzas delivered weekly. The current price of one pizza is $21. In order to generate additional revenue from the sale of large pizzas, would you recommend a price increase or a price decrease? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted: