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
Read more about total revenue at:
brainly.com/question/25623677
Answer:
the answer is A
Step-by-step explanation:
A is the answer my dear
Answer:
I think letter C.x*-0.50 I'm not sure In my answer
Answer:
353.35 is the answer of this question
Its way too small i cant see the question.
