# Algebra

posted by .

Demand for pools. Tropical Pools sells an above ground model for p dollars each. The monthly revenue for this model is given by the formula
R (p) = - 0.08p2 + 300p.
Revenue is the product of the price p and the demand (quantity sold).

a) Factor out the price on the right-hand side of the formula.

b) Write a formula D (p) for the monthly demand.

c) Find D (3000).

d) Use the accompanying graph to estimate the price at which the revenue is maximized. Approximately how many pools will be sold monthly at this price?

e) What is the approximate maximum revenue?

f) Use the accompanying graph to estimate the price at which the revenue is zero.

## Similar Questions

1. ### Microeconomics

"In both monopoly and perfect competition the profit maximising output is at the level at which MR = MC, but only in the latter is the optimum output level such that P = MC" Explain the above statement by comparing the model of perfect …
2. ### college algebra

Demand Equation: The price p, in dollars, and the quantity x sold of a certain product obey the demand equation x = -5p + 100, 0 (less than or equal to) p (less than or equal to) 20 a.) Express the revenue R as a funtion of x. b.) …
3. ### Algebra 2

Demand for pools. Tropical Pools sells an above ground model for p dollars each. The monthly revenue for this model is given by the formula R (p) = - 0.08p2 + 300p. Revenue is the product of the price p and the demand (quantity sold). …
4. ### math

tropical pools sells an above ground model for p dollars each the monthly revenue for this model is given by the formula R(p)=-0.08p^2+300p revenue is the product of the price p and the demand(quanity sold) a.) factor out the price …
5. ### Math

Tropical Pools sells an aboveground model for p dllars each. The monthly revenue for this model is given by the formula R(p)+ -0.08p^2 + 300p. Revenue is the produce of the price p and the demand(quality sold). a0 Factor out the price …
6. ### math

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 …
7. ### math

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 …
8. ### math

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 …
9. ### calculus

(1 pt) A new software company wants to start selling DVDs with their product. The manager notices that when the price for a DVD is 15 dollars, the company sells 132 units per week. When the price is 27 dollars, the number of DVDs sold …
10. ### calculus

(1 pt) A new software company wants to start selling DVDs with their product. The manager notices that when the price for a DVD is 15 dollars, the company sells 132 units per week. When the price is 27 dollars, the number of DVDs sold …

More Similar Questions