Monday

March 30, 2015

March 30, 2015

Posted by **Stacie** on Wednesday, January 30, 2013 at 9:57pm.

The price of corn, p(y), depends on how much Chuck produces. The price function is speci ed as

p(y) = 3 0:05y

c. The revenue that Chuck can generate depends on both the price and the quantity of corn produced.

Thus, the revenue function R(y) is

R(y) = p(y)*y = 3y-0.05ysquared

Draw a graph to show the relationship between the revenue and the quantity of corn produced, with

R(y) on the y-axis and y on the x-axis. Label your graph.

**Answer this Question**

**Related Questions**

fun - how much wood could a wood chuck chuck if a wood chuck could chuck wood...

1st grade - How much wood could a wood chuck chuck if a wood chuck could chuck ...

Algebra Math - Please put this into an equation problem= Chuck has 8.25 ...

algebra - chuck and dana agree to meet in florida for the weekend. Chuck travel ...

Algebra - Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels...

Algebra - Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels...

Algebra - Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels...

Algebra - Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels...

algebra - Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels...

microeconomics - The Consumer Price Index (CPI) for the year 2012 is 2.412 and ...