Description of demand equation


Assignment:

Demand for pool. Tropical pools seals an above ground model for p dollars each The monthly revenue for this model is given by the formula R(p)= -10.08^2 + 300p. Revenue is the product of the price p and the demand (quantity sold)

R(p) = -10.08p^2 + 300p

a. Factor out the price on the right hand side of the formula
b. Write a formula D(p) for the monthly demand
c. Find D (3000)

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Microeconomics: Description of demand equation
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