Tuesday
September 2, 2014

Homework Help: math

Posted by kim on Sunday, October 10, 2010 at 11:28pm.

A new software company wants to start selling DVDs with their product. The manager notices that when the price for a DVD is 20 dollars, the company sells 139 units per week. When the price is 34 dollars, the number of DVDs sold decreases to 91 units per week. Answer the following questions:
A. Assume that the demand curve is linear. Find the demand, q, as a function of price, p.
Answer: q=
B. Write the revenue function, as a function of price. Answer: R(p)=
C. Find the price that maximizes revenue. Hint: you may sketch the graph of the revenue function. Round your answer to the closest dollar.
Answer:
D. Find the maximum revenue, i.e., the revenue that corresponds to your answer for the preceding question. Answer:

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

calc - A new software company wants to start selling DVDs with their product. ...
math - A new software company wants to start selling DVDs with their product. ...
math - A new software company wants to start selling DVDs with their product. ...
calculus - (1 pt) A new software company wants to start selling DVDs with their ...
calculus - (1 pt) A new software company wants to start selling DVDs with their ...
math..percents - Craig wants to buy some software for his computer. The company ...
Managerial Economics - A television station is considering the sale of ...
Managerial Economics - (Economyst Only Please): A television station is ...
Math - A company’s profit is described by the equation P(x) = – 5x^2 + 300x + 15...
math - The rise of digital music and the improvement to the DVD format are part ...

Search
Members