Express the total revenue (R) as a fuction of quantity (q) sold if the unit selling price is (20-0.01q) pesos. Evaluate R when q=150
2 answers
R=q*(20-.01q)=units*unitsellingprice
R(q) = q (20 – 0.01q)
R(q) = 150 [20 – 0.01(150)]
R(q) = 150 (20 – 1.50)
R(q) = 150 (18.5)
R(q) = P 2,775
R(q) = 150 [20 – 0.01(150)]
R(q) = 150 (20 – 1.50)
R(q) = 150 (18.5)
R(q) = P 2,775
1 answer