SOLUTION: Suppose consumers will purchase q units of a product at a price of 90/q+3 dollars per unit. What is the number of units that must be sold in order to obtain revenue of at least $1
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Question 670522: Suppose consumers will purchase q units of a product at a price of 90/q+3 dollars per unit. What is the number of units that must be sold in order to obtain revenue of at least $114? Answer by mananth(16946) (Show Source):
You can put this solution on YOUR website! unit price = 90/q +3
number of units = q
Revenue = 114
90+3q=114
3q=114-90
3q=24
q=8
Number of units = 8