Determining demand and revenue

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Reference no: EM13120010

Pools sells above ground model for 'p' dollars each. The monthly revenue from the sale of the pool is given by

R= -0.08p^2 +300p

a) factor out the price on the right hand side of the formula

B) What is an expression for the month demand

c) What is the monthly demand for this pool when the price is $3000

D) Estimate the price at which the revenue is maximized. Approximately how many pools will be sold monthly at this price

E) what is the approximate maximum revenue?

F) Estimate the price at which the revenue is Zero

Reference no: EM13120010

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