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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Answer:
47 and 2/5
Step-by-step explanation:
6/24=1/4=25%
answer is 25% are bad
10m15n10 because you just multiply everything by 5
Answer: 8 5/8 turns
Step-by-step explanation:
Hi, to answer this question we have to simply to multiply the number of turns that the windmill makes per hour (5 3/4) by the time asked (1 ½ hours).
Mathematically speaking:
5 3/4 x 1 1/2 = (5x4+3)/4 x (1x2+1)/2 = 23/4 x 3/2= 69/8 or 8 5/8 (mixed form)
In conclusion, the windmill makes 8 5/8 turns in 1 1/2 hours.
