Math Problem Statement
For the demand equation, express the total revenue R as a function of the price p per item. q = −6p + 600 R(p) =
Sketch the graph of the resulting function.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Revenue Functions
Quadratic Functions
Formulas
Total Revenue = Price × Quantity
Quadratic Formula: ax^2 + bx + c = 0
Vertex of a Quadratic Function: p = -b/2a
Theorems
Quadratic Formula
Suitable Grade Level
Grades 10-12
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