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Question 53696: Here is the question:
Tropical pools sells an aboveground model for p dollars each. The monthly revenue form the sale of this model is given by
R=-0.08p2 + 300p.
Revune is the porduct of the price p and the demand (quantity sold)
a) Factor out the price on the right hand side of the formula
b) what is an wzpression for the monthly demand?
c)What is the monthly demand for this pool whent he price is $3000
Dear Tutor, I do not even know where to start on this question,so could you please help me.I will wait for your answer. Thanks The textbook is from the University of phoenix, special edition seris.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Tropical pools sells an aboveground model for p dollars each. The monthly revenue form the sale of this model is given by
R(p)=-0.08p2 + 300p.
Revune is the porduct of the price p and the demand (quantity sold)
a) Factor out the price on the right hand side of the formula
Revenue= P(-0.08p+30)
b) what is an expression for the monthly demand?
Demand(p)= -0.08p+30
c)What is the monthly demand for this pool whent he price is $3000
Demand(3000)=-0.08(3000)+30
=-240+30
=-210
Cheers,
Stan H.
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