Mathematics, 16.12.2021 02:50, Amholloway13
A cable television firm presently serves 8000 households and charges $50 per month. A marketing survey indicates that each decrease of $5 in the monthly charge will result in 1000 new customers. Let denote the total monthly revenue when the monthly charge is x dollars.
Required:
a. Determine the revenue function R.
b. Sketch the graph of R and find the value of x that results in maximum monthly revenue.
Answers: 3
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A cable television firm presently serves 8000 households and charges $50 per month. A marketing surv...
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