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33- Revenue Function for Electric Cars Bell Motors manufactures two models of electric cars. The demand equations giving the relationship between the unit price, p
33- Revenue Function for Electric Cars Bell Motors manufactures two models of electric cars. The demand equations giving the relationship between the unit price, p and q, and the number of cars demanded per year. a and y. of Models 51 and 52 are p = i} 4.1: 23:; and q = 50,000 2.1: 4;.- respectively. a. What is the total yearly revenue function R (:71, y}? b. What is the domain of R? Sketch the domain R. c. Is the point {30130, 2000} in the domain of R? Interpret your result. Hint: Show thatm = 3000 and y = 2000 satisfy the system of inequalities obtained in p], d. What is the total revenue realized by Bell Motors if it sells sooo Model 51s and 200:} Model 523
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