The price p (in dollars) and the quantity x sold of a certain product satisfy the demand

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The price p (in dollars) and the quantity x sold of a certain product satisfy the demand equation x = −5p + 100.

(a) Find a model that expresses the revenue R as a function of p.

(b) What is the domain of R? Assume R is nonnegative.

(d) What is the maximum revenue?

(e) How many units are sold at this price?

(f) Graph R.

(g) What price should the company charge to earn at least $480 in revenue?

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Precalculus Concepts Through Functions A Unit Circle Approach To Trigonometry

ISBN: 9780137945139

5th Edition

Authors: Michael Sullivan

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Question Posted: Jul 05, 2023 04:55 AM

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The price p (in dollars) and the quantity x sold of a certain product satisfy the demand

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a To find a model that expresses the revenue R as a function of p we need to multiply the price p by the quantity x From the demand equation x 5p 100 ...View the full answer

Precalculus Concepts Through Functions A Unit Circle Approach To Trigonometry

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