A company sells umbrellas. Suppose that the number, r, of umbrellas that are sold per week is related to the price, p (in dollars), that is char to the equation: P (1) = 25 – 0.5æ where 0

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
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Chapter1: Equations And Graphs
Section1.10: Modeling Variation
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A company sells umbrellas. Suppose that the number, r, of umbrellas that are sold per week is related to the price, p (in dollars), that is charged, according
to the equation:
p(z) = 25 – 0.5x where 0<a < 50
a) Find the marginal revenue when a = 20. ( Select ]
b) What does the quantity in part (a) represent?
Select)
Transcribed Image Text:A company sells umbrellas. Suppose that the number, r, of umbrellas that are sold per week is related to the price, p (in dollars), that is charged, according to the equation: p(z) = 25 – 0.5x where 0<a < 50 a) Find the marginal revenue when a = 20. ( Select ] b) What does the quantity in part (a) represent? Select)
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