The demand equation for a certain product is given by p = dollars) of the product and x is the number of units produced. The total revenue obtained by producing and selling x units is given by R = xp. 106 – 0.09x , where p is the unit price (in Determine prices p that would yield a revenue of 9870 dollars. Lowest such price = dollars Highest such price = dollars
The demand equation for a certain product is given by p = dollars) of the product and x is the number of units produced. The total revenue obtained by producing and selling x units is given by R = xp. 106 – 0.09x , where p is the unit price (in Determine prices p that would yield a revenue of 9870 dollars. Lowest such price = dollars Highest such price = dollars
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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