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:
B)
Step-by-step explanation:
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<span>Out of those, 8 is the one that is a perfect cube. </span>
Answer:
Step-by-step explanation:
The Answer will be As X approaches infinity, f(x) approaches negative infinity; as x approaches negative infinity, f(x) approaches infinity
