SOLUTION: Can anyone help to make sure I have this correct. I appreciate any help. Thanks !!!
Q1. Substitute p = -x + 62 into the equation R = xp to find the revenue equation. Provide y
Question 172545: Can anyone help to make sure I have this correct. I appreciate any help. Thanks !!!
Q1. Substitute p = -x + 62 into the equation R = xp to find the revenue equation. Provide your answer in simplified form.
I come up with R = -x^2 + 62. Is this correct?
Q2. Find the Profit Equation by substituting your equations for R and C in the equation P = R - C. Simplify the equation.
If R = -x^2 + 62 and C = 6x + 300 I come up with P = -x^2 -6x + 238. Is this correct?