Recent content by chickenlips

  1. C

    Does Increasing Prices Increase Revenue Given Q = 30 – 3P?

    Thanks very much Halls! That is exactly what I was looking for! So, if we let p=1, we get 30-3(1)=27. if we let p=2, we get 30-3(2)=24, and if we let p=3, we get 30-3(3)=21. The price is obviously decreasing... Thanks again!
  2. C

    Does Increasing Prices Increase Revenue Given Q = 30 – 3P?

    Homework Statement Here is the question: Suppose demand is given by Q = 30 – 3P. Does this indicate increasing prices increases revenue? Homework Equations The Attempt at a Solution I'm not sure how to go about figuring this out...what should I look for?
  3. C

    Does Increasing Prices Increase Revenue with Demand Q = 30 - 3P?

    moving this request to the homework section
  4. C

    Does Increasing Prices Increase Revenue with Demand Q = 30 - 3P?

    Hello~ I new here and I'd like a little help please. Here is the question: Suppose demand is given by Q = 30 – 3P. Does this indicate increasing prices increases revenue? I'm not sure how to go about figuring this out...what should I look for? Thank you in advance!
Back
Top