Question
A company’s revenue is the amount of money that comes in from sales, before business costs are subtracted. For a single product, you can find the revenue by multiplying the quantity of the product sold, x, by the demand equation, p.
Substitute the result you found from part a. into the equation R = xp to find the revenue equation. Provide your answer in simplified form.
Substitute the result you found from part a. into the equation R = xp to find the revenue equation. Provide your answer in simplified form.