SOLUTION: I am having trouble working out the answers to the b and c parts to this question: Demand for pools. Tropical pools sells an above the ground model for p dollars each. The monthly

Question 190550This question is from textbook
: I am having trouble working out the answers to the b and c parts to this question: Demand for pools. Tropical pools sells an above the ground model for p dollars each. The monthly revenue for this model is given by the formula R(p)= -0.08p^2 + 300p. Revenue is the product of the price p and the demand (quantity sold). I have already factored out the price on the right hand side of the formula to look like this: R(p)= (-0.08p + 300)p now I am asked to write a formula D(p) for the monthly demand. I believe that the quantity sold should equal the revenue/ price. I have D(p)= R(p)- (-0.08p^2)/-0.08p^2. I am not sure if this correct because if I do the next part of finding D(3000)it doesn't look correct. Thanks for your help.
This question is from textbook

Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
"R(p)= (-0.08p + 300)p" ___ this is correct

"I believe that the quantity sold should equal the revenue/ price" ___ this is also correct

"I have D(p)= R(p)- (-0.08p^2)/-0.08p^2" ___ this is NOT R(p)/p

R(p) / p = (-0.08p + 300)p / p = -0.08p + 300
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