Posted by Ryan on August 31, 2002 at 14:07:17:
In Reply to: Revenue and profit posted by prune on August 30, 2002 at 21:13:48:
profit = revenue - costs
# units * selling price = revenue
??????--> costs??
need more info
: If selling price is p, and number of units sold will be 1000(40-p)^1/2
: then please find the revenue and the profit as funcitons of x and the price where revenue is a maximum and the correspoinding profit.