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Tanzania [10]
2 years ago
10

The demand function Q and cost function C(Q) of a commodity are given by the equations \[ Q = 20 - 0{,}01P\]

Mathematics
1 answer:
BartSMP [9]2 years ago
3 0

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

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Answer:

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Step-by-step explanation:

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The sum of the lengths of the tangents from points A and B on side "c" is ...

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Now, the problem statement defines the sum of side lengths as ...

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and, of course, the diameter (d) is 2r, so we can rewrite the above equation as ...

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3 years ago
What is the cost of one cranberry and one banana nut muffin?
Bezzdna [24]
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Answer:

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Step-by-step explanation:

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I hope this helps you

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