The demand equation for a manufacturer's product is: D = 210 - 0.3q where q is the number of units and p is the price per unit. For what value of q will there be a maximum income? How much is the maritime income?

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.5: More Area Relationships In The Circle
Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...
icon
Related questions
Question

The demand equation for a manufacturer's product is: D = 210 - 0.3q where q is the number of units and p is the price per unit. For what value of q will there be a maximum income? How much is the maritime income?

Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer