Homework Answers
Following are the answers-
a.)Price that will result in no revenue-0(Zero)
b.)Price that maximises the revenue- 30,000
c.)The maximum revenue-
- P * Q
- where, P=Price that maximises the revenue
- Q=Quantity hat maximises the revenue
- =30,000*4
- =120,000
d.)The revenue function-
- R= P*Q
- where, P=Price
- Q=Quantity
Please give your feedback,
Thank You!
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i need help A-D i will leave like also and upvote! A manufacturer of 24-hr variable...
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need help A-D i will leave like also and upvote!
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need help A-D i will leave like also and upvote!
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