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Mathematics, 17.06.2020 22:57 genyjoannerubiera

You operate a gaming Web site, www. mudbeast. net, where users must pay a small fee to log on. When you charged $3 the demand was 1100 log-ons per month. When you lowered the price to $2.50, the demand increased to 1375 log-ons per month. A) Construct a linear demand function for your Web site and hence obtain the monthly revenue R as a function of the log-on fee x.
B) Your Internet provider charges you a monthly fee of $30 to maintain your site. Express your monthly profit P as a function of the log-on fee x.
C) Determine the log-on fee you should charge to obtain the largest possible monthly profit. What is the largest possible monthly profit?

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You operate a gaming Web site, www. mudbeast. net, where users must pay a small fee to log on. When...

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