The quantity q of Zeng Athletic Shoes which are sold depends on the selling price p. [That is, q = f(p).]
(a) If you know that f (150) = 14,000, what can you say about the sale of these shoes?
(b) If you know that , what does that tell you about the sale of these shoes?
(c) The total revenue, R, earned through the sale of Zeng shoes is given by . Find (d) Suppose that the shoes are currently priced at $150. What effect will lowering the price likely have on the total revenue? Justify your answer.
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