Ask Question, Ask an Expert

+61-413 786 465

[email protected]

Ask Algebra Expert

Academics


Home >> Algebra

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)

d) Use the accompanying graph to estimate the price at which the revenue is maximized. Approximately how many pools will be sold monthly at this price?

e) What is the approximate maximum revenue?

f) Use the accompanying graph to estimate the price at which the revenue is zero.

Algebra, Academics

  • Category:- Algebra
  • Reference No.:- M9399079

Have any Question?


Related Questions in Algebra

Assignment topic - abstract algebraq1 let r be the ring of

Assignment Topic - Abstract Algebra Q1: Let R be the ring of all 2 X 2 matrices over Z p , p is a prime. Let G be the set of elements x in the ring R such that det(x) ≠ 0. Find the order of G. Q2: If R is a commutative r ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved