The demand equation for a certain product is given by p dollars) of the product and x is the number of units produced. The total revenue obtained by producing and selling x units is given by R 122 0.015x, where is the unit price (in xp. Determine prices p that would yield a revenue of 6820 dollars. Lowest such price: dollars Highest such price dollars %3D Question Help: D Video Message instructor D Post to forum Add Work Submit Question

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The demand equation for a certain product is given by p
dollars) of the product and x is the number of units produced. The total revenue obtained by producing
and selling x units is given by R
122 0.015x, where
is the unit price (in
xp.
Determine prices p that would yield a revenue of 6820 dollars.
Lowest such price:
dollars
Highest such price
dollars
Question Help: D Video
Message instructor D Post to forum
Add Work
Submit Question
Transcribed Image Text:The demand equation for a certain product is given by p dollars) of the product and x is the number of units produced. The total revenue obtained by producing and selling x units is given by R 122 0.015x, where is the unit price (in xp. Determine prices p that would yield a revenue of 6820 dollars. Lowest such price: dollars Highest such price dollars Question Help: D Video Message instructor D Post to forum Add Work Submit Question
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