# Intermediate Macro Economics

posted by .

To complete the analysis, Chuck wants to know more about the revenue that he can generate from his farm.
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.

## Similar Questions

1. ### fun

how much wood could a wood chuck chuck if a wood chuck could chuck wood?

How much wood could a wood chuck chuck if a wood chuck could chuck would
3. ### math

q = 350 − 5p (a) Enter the equation for revenue R as a function of price p. R = (b) What is the (instantaneous) rate of change of revenue with respect to price when the price is \$6?
4. ### Algebra

Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels 236 miles in the same time that Dana travels 224 miles. If Chuck’s rate of travel is 3 mph more than Dana’s, and they travel the same length of time, at what …
5. ### Algebra

Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels 236 miles in the same time that Dana travels 224 miles. If Chuck’s rate of travel is 3 mph more than Dana’s, and they travel the same length of time, at what …
6. ### Algebra

Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels 236 miles in the same time that Dana travels 224 miles. If Chuck’s rate of travel is 3 mph more than Dana’s, and they travel the same length of time, at what …
7. ### Algebra

Chuck and Dana agree to meet in Chicago for the weekend. Chuck travels 236 miles in the same time that Dana travels 224 miles. If Chuck’s rate of travel is 3 mph more than Dana’s, and they travel the same length of time, at what …
8. ### algebra

chuck and dana agree to meet in florida for the weekend. Chuck travel 152 miles in the same time that Dana travels 132 miles. If chuck rate of travel is 5 mph more than Dana and they travel the same length of time, at what speed does …
9. ### Algebra Math

Please put this into an equation problem= Chuck has 8.25 gigabytes on his hard drive. Chuck wants to load 3 movies in the drive that take up 3.6,2.8, and 4.1 gigabytes each. To make room for the movies, Chuck plans to delete a 2.3 …
10. ### How much?

How much wood could a wood chuck chuck if a wood chuck could chuck wood?

More Similar Questions