132 - 0.06z , where p is the unit price (in dollars) of the product and : The demand equation for a certain product is given by p D is the number of units produced. The total revenue obtained by producing and selling z units is given by R= rp. Determine prices p that would yield a revenue of 9380 dollars. Lowest such price = Highest such price %3D
132 - 0.06z , where p is the unit price (in dollars) of the product and : The demand equation for a certain product is given by p D is the number of units produced. The total revenue obtained by producing and selling z units is given by R= rp. Determine prices p that would yield a revenue of 9380 dollars. Lowest such price = Highest such price %3D
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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