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Math Help - Find the Price Per Calculator

  1. #1
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    Find the Price Per Calculator

    The relationship between the number of calculators x that
    a company can sell per month and the price of each calculator p is given by x = 1700 - 100p. Find the price at which a calculator should be sold to produce a monthly revenue of $7000.


    (Hint given in textbook: Revenue = xp.)

    Do I set x = 7000 and solve for p?


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  2. #2
    A Plied Mathematician
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    No, you do not set x = 7000. You're asked to set the revenue equal to $7000. The revenue is equal to the number of calculators x times the price per calculator p. So set xp = $7000, and solve for p. Make sense?
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  3. #3
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    It makes sense now.
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  4. #4
    A Plied Mathematician
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    Ok, great. Have a good one!
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