Question 7 We sell baby strollers. If price per stroller is p, we sell q = 300, 000 – 10p? 1) Write the revenue as a function of price p. 2) Given that demand is non-negative (q must be non-negative),...

Question 7<br>We sell baby strollers. If price per stroller is p, we sell<br>q = 300, 000 – 10p?<br>1) Write the revenue as a function of price p.<br>2) Given that demand is non-negative (q must be non-negative), what are the values of<br>revenue function makes sense?<br>for which the<br>3) Find the sales price which maximizes revenue.<br>

Extracted text: Question 7 We sell baby strollers. If price per stroller is p, we sell q = 300, 000 – 10p? 1) Write the revenue as a function of price p. 2) Given that demand is non-negative (q must be non-negative), what are the values of revenue function makes sense? for which the 3) Find the sales price which maximizes revenue.

Jun 02, 2022

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Question 7 We sell baby strollers. If price per stroller is p, we sell q = 300, 000 – 10p? 1) Write the revenue as a function of price p. 2) Given that demand is non-negative (q must be non-negative),...

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