Find the revenue by multiplying the quantity

Reference no: EM13200227

A company's revenue is the amount of money that comes in from sales before business costs are subtracted. For a single product, you can find the revenue by multiplying the quantity of the product sold, x, by the demand equation, p. The Revenue equation is "R = xp". You are advising a local company that sells hamburgers at your state fair and have determined that the demand equation is:

p = -x + 300. Substitute this equation for "p" into the previously mentioned Revenue equation. (20% of grade)

Reference no: EM13200227

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