Respon by hand very neatly or you may use Micrukon word and type inthe res hst y

Question

Respon by hand very neatly or you may use Micrukon word and type inthe res hst you your and to type in your resurs you do use word te doou meit and Bring may complete the work. highly recommended e complete both pages. ponses arth you to the final eteam This is part your final Program Level Assessment SPRING 2017 surveys have consistently shown a high demand or who can use mplex processes and intomed icions future. A student should be abl pred ate his or her level of sophisticaton wth respect to the key in-demand skils of written wsual neracy, quantitative literacy, and cntical thinking ent Determine the maximum revenue for the given companies Maximizing Revenue Part I department Galore has Mound that when Pods unn ROn dollars as a of the price p can be demonstrated by th given in the graph below above graph to answer the questions stated in Part of the Response Sheet

Explanation / Answer

picture is not very cleary so i will answer only first two questions.

Ans(1):
Horizontal axis represents selling price of ipod.
Vertical axis represents revenue.
Any point on that graph represents revenue generation at a particular price p of the ipod.

Ans(2):
we just have to look at the graph where p=20 and so on
so we get aswer as follows:
p=$20   R=400000
p=$40   R=600000
p=$60   R=700000
p=$80   R=700000
p=$100   R=600000
p=$120   R=300000

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