Question:
The demand of a EcoCity theme park is estimated as P = 1500 7.5Q, where P (in Indian Rupees) is the price of a ticket for single entry, and Q (in integer) is the number of tickets sold per hour. The maximum revenue per hour along the demand curve, in Indian Rupees, is _______ (in integer)
The demand of a EcoCity theme park is estimated as P = 1500 7.5Q, where P (in Indian Rupees) is the price of a ticket for single entry, and Q (in integer) is the number of tickets sold per hour. The maximum revenue per hour along the demand curve, in Indian Rupees, is _______ (in integer)
Updated On: Jul 9, 2024
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Correct Answer: 75000
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The correct answer is : 75000
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