Question:
Use the price demand equation below to find the revenue
Last updated: 6/29/2023
Use the price demand equation below to find the revenue function Sketch a graph of the revenue function and indicate the regions of inelastic and elastic demand x f p 54 6 p R p Which graph below is the graph of the revenue function A 20 AR p 20 A 13 P 470 B AR p 59 10 Region A in the graph of the revenue function is Region B in the graph of the revenue function is B Q elastic 5 CHERCH neither elastic or inelastic OC AR p MA 650 D 85 AR P 650 W 11 85 K