document.write( "Question 1164713: You operate a gaming Web site, www.mudbeast.net, where users must pay a small fee to log on. When you charged $3 the demand was 1180 log-ons per month. When you lowered the price to $2.50, the demand increased to 1475 log-ons per month.
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document.write( "(a) Construct a linear demand function for your Web site and hence obtain the monthly revenue R as a function of the log-on fee p.
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document.write( "R(p) =
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Algebra.Com's Answer #789144 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You are given two data points where the revenue value (R) is a function of the price (p), namely \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Use the Two-Point Form:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Where \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " ![]() \n" ); document.write( " |