The demand equation for a product is p = 20 − 0.0001x, where p is the price per unit and x is the number of units sold. The total revenue for selling x units is Revenue = xp = x(20 − 0.0001x). How many units must be sold to produce a revenue of $1,000,000? x = ________ units.
The demand equation for a product is p = 20 − 0.0001x, where p is the price per unit and x is the number of units sold. The total revenue for selling x units is Revenue = xp = x(20 − 0.0001x). How many units must be sold to produce a revenue of $1,000,000? x = ________ units.
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Section3.5: Mathematical Modeling And Variation
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The demand equation for a product is p = 20 − 0.0001x, where p is the price per unit and x is the number of units sold. The total revenue for selling x units is
Revenue = xp = x(20 − 0.0001x).
How many units must be sold to produce a revenue of $1,000,000?
x = ________ units.
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