The revenue is given by the product of the price and the demand function
- The revenue function for Sky Eagle is <u>RS = 229·PS - 0.60·PS² + 0.35·PS·PH</u>.
- The revenue function for Horizon is <u>RH = 269·PH + 0.10·PS·PH - 0.64·PH²</u>.
Reasons:
The given parameters are;
The demand function for the Sky Eagle, DS = 229 - 0.60·PS + 0.35·PH
The demand function for the Horizon, DH = 269 + 0.10·PS - 0.64·PH
The above demand functions gives the quantity demanded
Therefore, the revenue function is given by the product of the price and the demand function as follows;
RS = PS × DS = PS × (229 - 0.60·PS + 0.35·PH) = 229·PS - 0.60·PS² + 0.35·PS·PH
The revenue for Sky Eagle <u>RS = 229·PS - 0.60·PS² + 0.35·PS·PH</u>
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Revenue for Horizon is found as follows;
RH = PH ×(269 + 0.10·PS - 0.64·PH) = 269·PH + 0.10·PS·PH - 0.64·PH²
The revenue for Horizon, <u>RH = 269·PH + 0.10·PS·PH - 0.64·PH²</u>
Learn more demand function here:
brainly.com/question/16888880
Answer:
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Step-by-step explanation:
0.88 = 88%
0.178 = 17.8%
Therefore, 0.178 < 0.88
Answer:
9.8
Step-by-step explanation
basically its just x/sin55=12/sin90 bc you plug into equation a/sina= b/sinb so then you x/sin55=12
sin55*12=x x=9.8
Answer:
Step-by-step explanation:
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