Suppose a company sells a certain product of x quantity and the price in dollars that modeled by the demand equation  x =-30p+150 1) Determine the revenue function in terms of price  2) What will be the unit price for maximizing the revenue

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A: Given, Demand equation for a product is p = 2 - .001x.

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Q: If the demand function for a product is given by p(x) = -0.25x² + x + 99, where x is the number of…

A: Given problem is 1:

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A: Given query is to find rate of change of sales.

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A: Let us take demand function as D(x)

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A: NOTE: Refresh your page if you can't see any equations. . here we have p=256.6

Q: If the demand equation for an item is D(x)= -5x+ 80 and a supplier is willing to supply 10 items at…

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A: The solution is given below:

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Q: price

A: At Equilibrium, Demand = Supply,

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Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.