1. The demand function for a particular product is q = f(p) = 200,000e-0.15p
where q equals demand (in units) and p equals price (in dollars).
a) What is demand expected to equal at a price of $20.
b) Construct the total revenue function R= = f(p).
c) What is the total revenue expected to equal at a price of $25? What is
the demand at this price?

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step-by-step explanation:

21

step-by-step explanation:

1. x> -5

2. x< 8

step-by-step explanation:

1. 2x> -10

divide by 2 from both sides of equation.

2x/2> -10/2

simplify, to find the answer.

-10/2=-5

x> -5 is the correct answer.

2. 3x< 24

divide by 3 from both sides of equation.

3x/3< 24/3

simplify, to find the answer.

24/3=8

x< 8 is the correct answer.

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