Homework Help is Here – Start Your Trial Now!
Math
Calculus
Pack-Em-In has another development in the works. If it builds 40 houses in this development, it will be able to sell them at $400,000 each, but if it builds 90 houses, it will get only $300,000 each. Obtain a linear demand equation. (Let p be the price of a house and q the number of houses.)   p(q) =        Determine how many houses it should build to get the largest revenue. __________ houses   What is the largest possible revenue (in dollars)?

Pack-Em-In has another development in the works. If it builds 40 houses in this development, it will be able to sell them at $400,000 each, but if it builds 90 houses, it will get only $300,000 each. Obtain a linear demand equation. (Let p be the price of a house and q the number of houses.)   p(q) =        Determine how many houses it should build to get the largest revenue. __________ houses   What is the largest possible revenue (in dollars)?

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
See similar textbooks
icon
Related questions
Question
Pack-Em-In has another development in the works. If it builds 40 houses in this development, it will be able to sell them at $400,000 each, but if it builds 90 houses, it will get only $300,000 each. Obtain a linear demand equation. (Let p be the price of a house and q the number of houses.)
 
p(q) = 
 
 
 
Determine how many houses it should build to get the largest revenue.
__________ houses
 
What is the largest possible revenue (in dollars)?
$ __________
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Matrix Factorization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS