Asked by Function
The price p per kilogram when x kilograms of a certain commodity are demanded given by
p=[{300}/{x+3}]+105 for 0 < x < 100
Find the revenue function.
p=[{300}/{x+3}]+105 for 0 < x < 100
Find the revenue function.
Answers
Answered by
MathMate
Hint: Revenue is equal to
price*number of units sold.
In the example,
price = p(x)
number of units sold = x
price*number of units sold.
In the example,
price = p(x)
number of units sold = x