A company can sell q = 1000p2e -0.02(p+5) calculators at a price of p dollars per calculator.

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A company can sell q = 1000p2e^-0.02(p+5) calculators at a price of p dollars per calculator. The current price is $200. If the price is decreased, will the revenue increase or decrease?

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Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

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Question Posted: Mar 26, 2023 03:41 AM

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A company can sell q = 1000p2e -0.02(p+5) calculators at a price of p dollars per calculator.

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Thus demand is elastic so a decrease i...View the full answer

Calculus And Its Applications

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