Use the price-demand equation p +0.05x = 100, 0≤p≤ 100. If p= 35 and the price is decreased, will revenue increase or decrease? If p = 35 and the price is decreased, revenue will

Intermediate Algebra
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Author:Lynn Marecek
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Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.38TI: US Census data shows that the median price of new home in the U.S. in November 2014 was $280,900....
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Use the price-demand equation p +0.05x = 100, 0≤p ≤ 100. If p = 35 and the price is decreased, will revenue increase or decrease?
If p= 35 and the price is decreased, revenue will
Transcribed Image Text:Use the price-demand equation p +0.05x = 100, 0≤p ≤ 100. If p = 35 and the price is decreased, will revenue increase or decrease? If p= 35 and the price is decreased, revenue will
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