Question 3. Find the maximum revenue that demand equation is given by q = can be realized by selling a Sicard wristwatch if the 50-P, 1 < p ≤ 30, p in rand, and revenue in millions.

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter10: Systems Of Equations And Inequalities
Section10.FOM: Focus On Modeling: Linear Programming
Problem 14P
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Question 3. Find the maximum revenue that can be realized by selling a Sicard wristwatch if the
50-
demand equation is given by q
=
0-P, 1 < p ≤ 30, p in rand, and revenue in millions.
P
Transcribed Image Text:Question 3. Find the maximum revenue that can be realized by selling a Sicard wristwatch if the 50- demand equation is given by q = 0-P, 1 < p ≤ 30, p in rand, and revenue in millions. P
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