Q19) A company is planning to manufacture a new blender. After conducting extensive market surveys, the...
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Q19) A company is planning to manufacture a new blender. After conducting extensive market surveys, the research department estimates a weekly demand of 600 blenders at a price of $50 per blender and a weekly demand of 800 blenders at a price of $40 per blender. Assuming the demand equation is linear, use the research department's estimates to find the revenue equation in terms of the demand x. O A) R(x) = 80x – 20x² B) R(x) = 20x + 20 %3D .2 C) R(X) = 80x 20 D) R(x) 80x – 20 Q19) A company is planning to manufacture a new blender. After conducting extensive market surveys, the research department estimates a weekly demand of 600 blenders at a price of $50 per blender and a weekly demand of 800 blenders at a price of $40 per blender. Assuming the demand equation is linear, use the research department's estimates to find the revenue equation in terms of the demand x. O A) R(x) = 80x – 20x² B) R(x) = 20x + 20 %3D .2 C) R(X) = 80x 20 D) R(x) 80x – 20
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
Posted Date:
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