Expression for total revenue function

Reference no: EM13120374

The relationship d = 5000 - 25p describes what happens to demand (d) as price (p) varies. The price can vary between $10 and $50. What is the mathematical expression for total revenue (TRV).

Reference no: EM13120374

Questions Cloud

Illustrate what is the acceleration of the object : The coefficients of static and kinetic friction between a 67 kg box and a horizontal surface are 0.56 and 0.32, respectively. Illustrate what is the acceleration of the object if a 335 N horizontal force is applied to the box?

Determine closed-form expression of the cross-correlation : Compute and plot the correlation sequences r s1s2 (l), r s0s0 (l), r s1s0 (l) and r s2s0 (l) . Compute and plot the cross-correlation sequences and of the received signal with the template signals and s 2 (n).

Find important information about probability and statistics : Important information about Probability and Statistics Find the probability distribution of the value x. mean , variance and standard derivation

Balance sheet accounts of wickham corporation : The following data were taken from the balance sheet accounts of Wickham Corporation on December 31, 2012.

Expression for total revenue function : The relationship d = 5000 - 25p describes what happens to demand (d) as price (p) varies. The price can vary between $10 and $50. What is the mathematical expression for total revenue (TRV).

What is the probability that a completely unprepared : What is the probability that a completely unprepared student answers correctly. Solution to "Binomial Distribution" question

Predict the lean mass for a person : The person's body fat percentage, and ‘y' is the person's lean mass percentage. Predict the lean mass for a person who is 27 years old and has a body fat percentage of 4.5%.

Writing mathematical expression for total profit : There is a fixed cost of $50,000 to start a production process. Once the process has begun, the variable cost per unit is $25. The revenue per unit is projected to be $45. Write a mathematical expression for total profit.

Important information about probability and statisics : Important information about Probability and Statisics. Find the probability that a randomly selected adult has an IQ between 90 and 110

User Account

All Pages