(X/3) - 8 = 12
X being a number divided by 3. This part in parentheses so you solve it first. Subtract 8 from that and your answer equals 12.
Answer: If you’re looking for the area it is 650.65 yd and if you’re looking for the volume it is 1072.33
The total revenue of the function is the product of the quantity and the price
The total revenue in terms of P is TR = 20P - 0.01P^2
<h3>How to determine the total revenue?</h3>
The demand and the cost functions are given as:
Quantity function, Q = 20 - 0.01P
Cost function, C(Q)=60+6Q
The total revenue is calculated as:
TR = Q * P
Substitute Q = 20 - 0.01P in the above equation
TR = P * [20 - 0.01P]
Evaluate the product
TR = 20P - 0.01P^2
Hence, the total revenue in terms of P is TR = 20P - 0.01P^2
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