Question
The demand equation for a quantityq of a product at a pricep , in dollars, isp=903q . Find the revenue equation,R(q) , and use it
The demand equation for a quantityq
of a product at a pricep
, in dollars, isp=903q
.
Find the revenue equation,R(q)
, and use it to answer the questions below.
What production level will maximize revenue?
15 units
", "
35 units
", "
23 units
", "
50 units
What is the maximum revenue?
$5281
", "
$675
", "
$10665
", "
$22034
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Prealgebra
Authors: Elayn Martin Gay
7th edition
321955048, 978-0321955043
