Answer:
Step-by-step explanation:
Answer:
Coefficient is equal to 12
A.) R(20) = -10(20)^2 + 800(20) = -10(400) + 16000 = -4000 + 16000 = $12,000
R(25) = -10(25)^2 + 800(25) = -10(625) + 20000 = -6250 + 20000 = $13,750
R(30) = -10(30)^2 + 800(30) = -10(900) + 24000 = -9000 + 24000 = $15,000
b.) For maximum revenue, dR/dp = 0
dR/dp = -20p + 800 = 0
20p = 800
p = 40
Therefore, the maximum revenue will be recorded when the price is set at $40.
75+ 15x ≥ 140
⇒ 15x ≥ 140 -75
⇒ 15x ≥ 65
⇒ x ≥ 65/15
⇒ x ≥ 13/3
⇒ x ≥ 4 1/3
The final answer is x ≥ 4 1/3~
