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OpenStudy (anonymous):
A manufacturer currently sells sunglasses for 4$ a pair. the price p and the demand x for these glasses are related by x=f(p)=7000-500p If the current price is increased, will the revenue increase or decrease. why ? thanks
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OpenStudy (mertsj):
decrease. If p increases, you will be subtracting a larger number from 7000 and thus f(p) will be smaller.
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