b -Way- physical therapy clinic faces a demand equation of Q = 200-1.5P, where Q is sessions per month and P is the price per session.. The clinic is currently charges $80. What is its sales volume and revenue at this price?

b -Way- physical therapy clinic faces a demand equation of Q = 200-1.5P, where Q is sessions per month and P is the price per session.. The clinic is currently charges $80. What is its sales volume and revenue at this price?

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter6: Simple Pricing

Section: Chapter Questions

Problem 6.1IP

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Revenue...... D3

34
Away:1
A physical therapy clinic faces a demand equation of Q = 200 1.5P, where Q is sessions per month and P is the price per session.
The clinic is currently charges $80. What is its sales volume and revenue at this price?

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