R(f)= (30 5f)(200-20f)

timer Asked: Nov 1st, 2015

Question description

A gym has 200 member who pay $30 per month for unlimited use of the gym's equipment.  A survey of the member indicates that for each $5 increase in the monthly fee.  The gym will lose 20 members.  This mens that the revenue R from fee, which is currently $6000 per month, will become R(f)= (30+5f)(200-20f)=-100f^ + 400f +6000 where f is a whole number of $5 fee increases.  For what number of $5 fee increases.  For what number of $5 fee increase will the revenue from fees actually be less than its current value?

Tutor Answer

(Top Tutor) Studypool Tutor
School: University of Virginia
Studypool has helped 1,244,100 students
flag Report DMCA
Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors