Mathematics, 30.05.2021 14:00 mayfieldashley2437

Ahmed is a BBA student who was passionate to start his own business during education. Through this lockdown he noticed that the people are doing most of their shopping online. After doing the research, he found out that demand for mask N95 are growing at a rapid pace continuously and in the near future the demand will not be declining. Taking advantage of this opportunity, he developed his website and social media pages and he approached a marketing research firm to provide the demand function for this particular business. A predicted demand function given by firm is

q= f(p) =1800-7.5 p

a. Determine the quadratic total revenue function. R=h(p)
b. What is the concavity of the function?
c. What is q-intercept?
d. What does total revenue of Ahmed business equal at a price of $50?
e. How many mask N95 will be demanded at this price?
f. At what price will total revenue be maximized?

Answers: 3

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 17:30

Aplot of land is shaped like a quadrilateral. fences are built on the diagonal to divide the area into 4 sections. what is vi to the nearest tenth? gv = 6.55fv = 5.84vh = 3.27vi = ?

Answers: 1

Answer

Mathematics, 21.06.2019 18:30

Haruka hiked several kilometers in the morning. she hiked only 66 kilometers in the afternoon, which was 25% less than she had hiked in the morning. how many kilometers did haruka hike in all?

Answers: 3

Answer

Mathematics, 21.06.2019 18:30

Nick has box brads. he uses 4 brads for the first project. nick let’s b represent the original number of brads and finds that for the second project, the number of brads he uses is 8 more than half the difference of b and 4. write an expression to represent the number of brads he uses for the second project.

Answers: 3

Answer

Mathematics, 21.06.2019 19:30

Acollection of coins has value of 64 cents. there are two more nickels than dimes and three times as many pennies as dimes in this collection. how many of each kind of coin are in the collection?

Answers: 1

Answer

You know the right answer?

Ahmed is a BBA student who was passionate to start his own business during education. Through this l...

Questions

Mathematics, 12.12.2020 16:10

Ruiz bought a package of baseball cards that contained 20 cards. He only kept 8 for his collection and gave the rest to his little brother. What fract...

Mathematics, 12.12.2020 16:10

People of the Arctic used to live in houses made of blocks of snow and Ice. These houses were very comfortable. The Inside walls were often lined wit...