SOLUTION: The price p (in dollars) and the quantity q sold of a certain product obey the demand equation q=800-20 p and 0 ≤ p ≤ 40
1. Express the revenue R as a function of q .
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Question 1191866: The price p (in dollars) and the quantity q sold of a certain product obey the demand equation q=800-20 p and 0 ≤ p ≤ 40
1. Express the revenue R as a function of q .
Answer by Solver92311(821) (Show Source): You can put this solution on YOUR website!
The revenue function is derived by multiplying price times quantity:
\ =\ pq)
Solve the demand equation 
for 
in terms of 
and then substitute for in \ =\ pq)
and simplify to derive )
John
My calculator said it, I believe it, that settles it
From
I > Ø
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