(1 pt) A new software company wants to start selling DVDs withtheir product. The manager notices that when the price for a DVD is19 dollars, the compa

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Answered question

2021-04-20

(1 pt) A new software company wants to start selling DVDs withtheir product. The manager notices that when the price for a DVD is19 dollars, the company sells 140 units per week. When the price is28 dollars, the number of DVDs sold decreases to 90 units per week.Answer the following questions:
A. Assume that the demand curve is linear. Find the demand, q, as afunction of price, p.
Answer: q=
B. Write the revenue function, as a function of price. Answer:R(p)=
C. Find the price that maximizes revenue. Hint: you may sketch thegraph of the revenue function. Round your answer to the closestdollar.
Answer:
D. Find the maximum revenue. Answer:

Answer & Explanation

brawnyN

brawnyN

Skilled2021-04-22Added 91 answers

you can get the help from
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