SOLUTION: Please help, Im not sure even where to start. Demand on Pools. Tropical Pools sells and aboveground model for p dollars each. The monthly revenue from the sale of this model is g

Question 52406This question is from textbook Elementary and Intermediate Algebra
: Please help, Im not sure even where to start.
Demand on Pools. Tropical Pools sells and aboveground model for p dollars each. The monthly revenue from the sale of this model is given by
R= -0.08p^2 + 300p
Revenue is the product of the price p and the demand (quantity sold).
a) factor out the price on the right-hand side of the formula.
This Ive attempted but am unsure of its accuracy: R= -.08p^2 + 300p = -.08p(p - 3750)
b) What is the expression for the monthly demand?
c) What is the monthly demand for this pool when the price is $3000?
This question is from textbook Elementary and Intermediate Algebra

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
R= -0.08p^2 + 300p
Revenue is the product of the price p and the demand (quantity sold).
a) factor out the price on the right-hand side of the formula.
R=p(-0.08p+300)
b) What is the expression for the monthly demand?
Demand = -0.08p+300
c) What is the monthly demand for this pool when the price is $3000?
Demand(3000)=-0.08(3000)+300)
= 60
Cheers,
Stan H.
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