Asked by Anne
In economics, revenue Upper R is defined as the amount of money derived from the sale of a product and is equal to the number x of units sold times the selling price p of each unit. If the selling price is given by the equation p -1/10x+60 , express revenue R function of the number x of units sold.
a.I made the the function equal to 0 and got 600 then I multiplied in x=600 into the function and got -60x+60.
But I don't get what I did or what it's asking me. Please Help
a.I made the the function equal to 0 and got 600 then I multiplied in x=600 into the function and got -60x+60.
But I don't get what I did or what it's asking me. Please Help
Answers
Answered by
DonHo
R = x * p
p=-1/10x + 60
function of R(x) :
R(x) = x * (-1/10x + 60)
What is the question asking?
p=-1/10x + 60
function of R(x) :
R(x) = x * (-1/10x + 60)
What is the question asking?
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