2. The price p (in dollars) and the quantity x sold of a certain product satisfy the demand equation: x=-20 p +500, find

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

2. The price p (in dollars) and the quantity x sold of a certain product satisfy the demand equation: x=-20 p +500, find

Post by answerhappygod »

2 The Price P In Dollars And The Quantity X Sold Of A Certain Product Satisfy The Demand Equation X 20 P 500 Find 1
2 The Price P In Dollars And The Quantity X Sold Of A Certain Product Satisfy The Demand Equation X 20 P 500 Find 1 (27.29 KiB) Viewed 9 times
2. The price p (in dollars) and the quantity x sold of a certain product satisfy the demand equation: x=-20 p +500, find the following: A. Express the revenue as a function of p B. What price maximizes revenue? C. What is the maximum revenue? D. How many units are sold at this price?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”