Post a New Question

College Algebra (Urgent)

posted by .

The demand equation for a product is p = 60 – 0.0004x, where p is the price per unit and x is the number of units sold. The total revenue for selling x units is shown below.
Revenue = xp = x(40 – 0.0004x)
How many units must be sold to produce a revenue of $260,000? (Round to the nearest unit. Enter your answers from smallest to largest. Enter NONE in any unused answer blanks.)
x =

units (smaller value)
x = units (larger value)

  • College Algebra (Urgent) -

    you have the formula. Just plug in your numbers:

    260000 = x(40-0.0004x)

    now just solve the quadratic equation for x. First, decide whether to use 40 or 60.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question