The demand for energy drink as a function of price.

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10-06-2021
Mathematics

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The demand for energy drink as a function of price.

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princesscurls09 princesscurls09 · Answer 1 · 2021-06-10T22:50:57+02:00

princesscurls09 princesscurls09

10-06-2021

function d(p)=100p2+1, which means that at price p (in dollars), d(p) units can be sold. The revenue generated at price p is R(p)=p⋅d(p) (price multiplied by number of units).

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