Ok if the number behind the decimal is 4-0... round down, But if the number is 5-9 round up.
Example:65.85
The number behind the decimal is a 8.. So round this number up to the next availible whole number, which is 66.
Answer:
$48 per unit
Step-by-step explanation:
Increasing the price by $5 reduces demand by 20 units, so the slope of the curve is -4 units per dollar. This lets us write a demand equation as ...
q = -4(p -50) +184
q = -4p + 384
q = 4(96 -p)
The revenue is the product of price and demand:
r = pq = 4p(96 -p)
This is the equation of a quadratic curve that opens downward and has zeros at p=0 and p=96. The vertex (maximum) will be halfway between the zeros, at ...
p = (0+96)/2 = 48
A price of $48 per unit will yield a maximum total revenue.
The second is true answer.
Good luck.
