Wednesday

April 16, 2014

April 16, 2014

Posted by **liz** on Saturday, October 16, 2010 at 9:33pm.

(a) Construct a linear demand function for your web site and hence obtain the monthly revenue R as a function of the log-on fee x.

q(x) =

1

Your answer is correct.

R(x) =

2

Your answer is correct.

(b) Your Internet provider charges you a monthly fee of $30 to maintain your site. Express your monthly profit P as a function of the log-on fee x.

P(x) =

3

Your answer is correct.

Determine the log-on fee you should charge to obtain the largest possible monthly profit.

$ 4Your answer is incorrect.

What is the largest possible monthly profit?

**Related Questions**

Algebra - You operate a gaming Web site, where users must pay a small fee to log...

Math Help Please - Which of the following expressions is equal to log (x sqrt-y...

math - Logarithm!!! Select all of the following that are true statements: (a) ...

math(Please help) - 1) use the properties of logarithms to simplify the ...

math - write as a single logarithm: -2logbase3(1/x)+(1/3)logbase3(square root of...

Math/trig - Log radical b/ a^2 is equivalent to 1) 1/2 log b + 1/2 log a 2) l/2 ...

Trigonometry - This is a logs question If u=x/y^2, which expression is ...

Algebra - Math - The profit function for hang gliding serving p(x) = -0.4x^+fx-m...

college algebra - Write expression as one logarithm and simplify if appropriate...

Math - solve log(7x-3)+2log(5)=2+log(x+3) I've attempted to do this question ...