Question

how do I find the rate r=xp out of my outcome of p=-x+62 when I used the points 42,20 do I just multiply them together? to find r

Answer 1

right......if u want to find xp=r using the point(42,20), then just multiply them

Answer 2

if that is how r is defined; then yes; r = x * p

Answer 3

I just dont think it is right here is the question 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.

b. Substitute the result you found from part a. into the equation R = xp to find the revenue equation. Provide your answer in simplified form.

Answer 4

what is part a ?

Answer 5

the answer was p=-x+62

Answer 6

this is the equation of line

Answer 7

this is result of a 2 points in the y=mx+b slope

Answer 8

sin ce the result was for p would I subsitute that in the r= xp ? making it r= x(-x+62)

Answer 9

r= x^2-62x

Answer 10

right

Answer 11

so this is the rate?

Answer 12

depends on x

Answer 13

ok so 42 and 20

Answer 14

42 is x

Answer 15

but it is the point on the line

Answer 16

the question just asks to use the results from part a so I figured?

Answer 17

in part a u found p=-x+62, right?
in part b u r asked to use part a to find r..right?

Answer 18

yes

Answer 19

and r=xp given.right?

Answer 20

so r=x^2-64x is the answer using part a

Answer 21

yes

Answer 22

or m not understanding what u want to solve :)

Answer 23

so the equation is just the answer lol I was expecting to have to solve for the equation lol

Answer 24

look it depends on the sale, x

Answer 25

it totally says to find the revenue equation too sorry for the confustion

Answer 26

confusion

Answer 27

oh :)

Answer 28

revenue (money coming in) = price * number sold

Answer 29

thanks GURU G :P

Answer 30

since price = (-x+62); you would multiply that by x to get the revenue

Answer 31

:)

r = -x^2 + 62x would be the revenue equation

Answer 32

correct :)

Answer 33

since r i snow in the fashion of an inverted parabola; you can determine the next question, which I assume is when do we have maximum profits :)