p and 0 < p < 40
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
Related questions
Question
The price p (in dollars) and the quantity q sold of a certain product obey the demand
equation q= 800 - 20 p and 0 < p < 40
(iv) What price should the company charge to maximize revenue?
(v) What price should the company charge to earn at least $3500 in revenue?
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