Continuation of previous exercise suppose that the average, Econometrics

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Continuation of previous exercise suppose that the average

(Continuation of previous exercise) Suppose that the average price of a VCR during the same time period was governed by the rule p = 820 - 50t.

(a) Find the price and total revenue from sales for 1990, 1994, and 2000.

(b) Find the rate of change of total revenue for 1990, 1994, and 2000.

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Econometrics: Continuation of previous exercise suppose that the average

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Econometrics: Continuation of previous exercise suppose that the average

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