SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Solve the problem. 12) The price p and x, the quantity of a certain product sold, obey the demand equation 1 p = - x+100, {x10 ≤x≤1000} 10 a) Express the revenue R as a function of x. b) What is the revenue if 450 units are sold? c) Graph the revenue function using a graphing utility. d) What quantity x maximizes revenue? What is the maximum revenue? e) What price should the company charge to maximize revenue? 12)
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Solve the problem. 12) The price p and x, the quantity of a certain product sold, obey the demand equation 1 p = - x+100, {x10 ≤x≤1000} 10 a) Express the revenue R as a function of x. b) What is the revenue if 450 units are sold? c) Graph the revenue function using a graphing utility. d) What quantity x maximizes revenue? What is the maximum revenue? e) What price should the company charge to maximize revenue? 12)
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 159E: The manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The...
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