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Mathematics, 25.07.2019 11:30 Asrys
You operate a gaming website, where users must pay a small fee to log on. when you charged $4 the demand was 540 log-ons per month. when you lowered the price to $3.50, the demand increased to 810 log-ons per month. (a) construct a linear demand function for your website and hence obtain the monthly revenue r as a function of the log-on fee x. r(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. hint [see example 4.] p(x) = determine the log-on fee you should charge to obtain the largest possible monthly profit. x = $ what is the largest possible monthly profit? $
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You operate a gaming website, where users must pay a small fee to log on. when you charged $4 the d...
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