To find: how the revenue is $0 when the price charged is $140
Answer to Problem 31AYU
The total revenue gained would be again $0
Explanation of Solution
Given:
If the price charged for the calculators is $0 or $140 the revenue is $0.
Calculation:
In Texas instruments, the marketing department sold calculators at a price of
And total revenue gained is given by the relation
Now it is clear that if the price charged for calculator is
Further on plug in
By the above calculation, it is clear that if the price of each calculator is fixed for $140, the total revenue gained be would again $0.
Conclusion:
Therefore, the total revenue gained would be again $0 .
Chapter 3 Solutions
Precalculus
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