Question
Price and Revenue A manufacturer knows that the number of items he can sell each week, x, is related to the price p of each
Price and Revenue A manufacturer knows that the number of items he can sell each week, x, is related to the price p of each item by the equation x = 900 – 100p. What price should he charge for each item to have a weekly revenue of $1,800? (Remember: R = xp.)
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John E Freunds Mathematical Statistics With Applications
Authors: Irwin Miller, Marylees Miller
8th Edition
978-0321807090, 032180709X, 978-0134995373
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