SOLUTION: Demand for pools. Tropical Pools sells an aboveground 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

Question 169866: Demand for pools. Tropical Pools sells an aboveground 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).
a) Factor out the price on the right-hand side of the formula.
b) Write a formula D(p) for the monthly demand.
c) Find D(3000).
I am not sure how to work this problem out. Can someone please help. Thank you
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Demand for pools. Tropical Pools sells an aboveground 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).
a) Factor out the price on the right-hand side of the formula.
R(p) = p(-0.08p-300)
----------------------------------
b) Write a formula D(p) for the monthly demand.
D(p) = -0.08p-300
-----------------------
c) Find D(3000).
D(3000) = -0.08*3000-300 = -540
====================================
Cheers,
Stan H.

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