9. You have just opened a new nightclub, Feel The Beat, but you are unsure how much to charge for the cover charge (entrance fee). One week you charged $9 cover per guest and averaged 372 guests per night. The next week you charged $20 per guest and averaged 240 guests per night. a. Find the linear demand equation showing the number of guests g per night as a function of the cover charge p. b. Express the revenue as a function of the cover charge. c. What is the largest possible revenue? d. Determine how many guests you need to get the largest revenue.

Q: An artist is planning to sell signed prints of her latest work. If 40 prints are offered for sale,…

A: Consider, Revenue in terms of prints produced 'x'   R(x) = x(600 - 5(x-40)) R(x) = 600x - 5x(x-40)…

Q: If the revenue function for a particular commodity is R(p) = q(p) = Give a reason for your answer. R…

A:

Q: The Catalog Store has data indicating that, when the price of a CD bookcase is $135, the demand…

A: topic -linear equations

Q: A small company makes custom surfboards. They have found that if they sell the surfboards for $100…

A:

Q: has

A:

Q: What is the equation to find the marginal revenue for this problem?

A:

Q: In May 1991, Car and Driver described a Jaguar that sold for $980,000. At that price only 50 have…

A:

Q: Suppose a company sells a certain product of x quantity and the price in dollars that modeled by the…

A:

Q: As Sales Manager for Montevideo Productions, Inc., you are planning to review the prices you charge…

A: Assume that p is the price and q is the number of contracts.Then, write the given information in the…

Q: The price p and the quantity x sold of a certain product obey the demand equation 1 p= -7x+140,…

A: Given that  p=-14x+140, 0≤x≤560 where x is the quantity. The Revenue is given by…

Q: The average ticket price for a concert at the opera house was $50. The average attendance was 4000.…

A: frame the problem on a simple graph . Then use the slope point formula to solve the problem.

Q: A store can sell 400 candy bars per week when the price is $0.50 per candy bar and they can sell 350…

A:

Q: Suppose that Internet domain names are sold at a price of $P per month for $2 ≤ P ≤ $100. The number…

A: Consider that the number of customers are linear functions of price that is, C=aP+b. Given when…

Q: The Better Baby Buggy Co. has just come out with a new model, the Turbo. The market research…

A:

Q: Suppose the demand function for red sprockets is given by p(q)=−3q+1400 where p(q) is in dollars and…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: The supply function for a product is given by p = q2 + 320, and the demand is given by p + q = 430.…

A: We have to find

Q: If the demand for a thingy is 12,000 per month when the price is $12 and 15,000 when the price is…

A: Find the slope of function.

Q: If the revenue function for a particular commodity is R(p) = −5 q(p) = -56p² + 62p, what is the…

A:

Q: Suppose that the supply function for honey is p​=S(q)=0.2q​+22, where p is the price in dollars for…

A: The supply function for honey is p​=S(q)=0.2q​+2.2 Where, p is the price in dollars for an ​8-oz…

Q: The demand function for a product is modeled by p= 56e-0.000012q where p is the price per unit (in…

A: We have p=56e−0.000012qRevenue function Rq=qpRq=56qe−0.000012qDifferentiate w.r.t…

Q: Find the linear demand equation showing the number of guests q per night as a function of the cover…

A:

Q: The demand for Costaatt's College newspaper is 3,000 copies each week if the paper is given away…

A: find the demand function q=number of newspaper p=price per newspaper when p=0, q=3000 when p=$0.1,…

Q: You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of how high to set the…

A: General linear demand equation of function y with variable x, where m is the slope and c is the…

Q: One month, 1000 electric pencil sharpeners when the unit price was $12. The next month the price was…

A: When the price is $12, 1000 electric pencil sharpeners were sold. When the price drops to $10, the…

Q: As Sales Manager for Montevideo Productions, Inc., you are planning to review the prices you charge…

A: As per our guideline we are supposed to answer only three subpart of question you can repost other…

Q: The demand equation for your company's virtual reality video headsets is 1,500 p = 90.3 where q is…

A:

Q: The price p (in dollars) and the quantity q sold of a certain product obey the demand Equation : q…

A:

Q: The demand equation for a manufacturer's product is p= 100 – q, 0<q< 60, where q is the number of…

A:

Q: Good morning, may you please help me. Thank you  If the supply function for a commodity is  p = q2…

A:

Q: As Sales Manager for Montevideo Productions, Inc., you are planning to review the prices you charge…

A: Given: Current hourly development fee is, p1=$2,700. Current number of contracts is, q1=13. Last…

Q: MY NOTE Du have just opened a new dance club, Swing Haven, but are unsure of how high to set the…

A:

Q: The following table shows worldwide sales of a certain type of cell phone and their average selling…

A: Consider the given data of the number of cell phones sold and their average selling price for the…

Q: A retailer has been selling 1200 tablet computers a week at $350 each. The marketing department…

A:

Q: During the 1950s the wholesale price for chicken for a country fell from 25¢ per pound to 14¢ per…

A:

Q: The manager of Joe's Burgers discovers that he will sell the other hand, he can afford to make 6z +…

A: Given demand function and supply function.

Q: You have just opened a new dance club, Swing Haven, but are unsure of how high to set the cover…

A:

Q: A company produces computers. The demand equation for this computer is given by p(g) =- 5q + 6000.…

A:

Q: The following table shows worldwide sales of a certain type of cell phone and their average selling…

A: We have to find the demand function and decreased price of cell phone.

Q: As Sales Manager for Montevideo Productions, Inc., you are planning to review the prices you charge…

A: Given that:   The number of contracts is given as q as a function of the hourly fee p Montevideo…

Q: Suppose that a cell phone plan that is offered at a price of P dollars per month attracts C…

A: From C(1OO) = 1,000,000 and C(500) = 100,000. we get two coordinates (100,1000000) and (500, 100000)…

Q: You run a small business that makes and sells widgets. Assume your daily rent and salaries total…

A: Given: Your daily rent and salaries total $50, and that the manufacturing cost is $3 for a widget.…

Q: ) You are provided with a supply curve and a demand curve, where p is the unit price for a items.…

A:

Q: 3. The manager of a furniture factory finds that it costs $2200 to produce 100 chairs in one day and…

A: It is given that the costs of 100 chairs is $2200 and for 300 chairs is $4800 in one day. Let C(x)…

Q: Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an…

A: Given :           Cost function :                  To obtain cost function, add fixed cost and…

Q: The demand equation for your company's virtual reality video headsets is 1,500 90.3 where q is the…

A: Given demand equation is Total cost of manufacturing and shipping is $110 per headset, therefore,…

Q: Nightclub Management   You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of…

A: week 1 week 2   p $ 8       x1 $ 10     x2   q 330      y1 300      y2

Q: Some time ago, a consultant formulated the following linear model of demand for online novels, where…

A: Here, the monthly demand function is: q=-60p+910 where p is the price in dollars per online novel…

Q: IOR Kavertising Ás Sales Manager for Montevideo Productions, Inc., you are planning to review the…

A: Since there are multiple sub parts the first three sub parts is answered.Kindly repost with the…

Q: firm which produces a single product is interested in determining the functions that expresses…

A:

Q: Sherwin Williams has determined the demand of functions for interior white paint to be p + .75q= 60,…

A: Explanation of the answer is as follows