SOLUTION: REVENUE The demand equation for a product is p=60 - 0.0004x, where p is the price per unit and x is the number of units sold. The total revenue for selling x units is Revenue = xp=

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Question 980457: REVENUE The demand equation for a product is p=60 - 0.0004x, where p is the price per unit and x is the number of units sold. The total revenue for selling x units is Revenue = xp= x(60 - 0.0004x). How many units must be sold to produce a revenue of $220,000?

Found 2 solutions by solver91311, josgarithmetic:
Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!


Set



Just solve the quadratic. If you get a negative root, discard it. Round the positive root UP to the next integer.

John

My calculator said it, I believe it, that settles it

Answer by josgarithmetic(39617)   (Show Source): You can put this solution on YOUR website!
















You want the PLUS form.

but you would likely not want as much as five significant figures; you would want less, maybe three.
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