This math topic focuses on quadratic equation word problems related to demand functions and revenue with price changes. The problems involve determining the volume of sales as a function of the price for different businesses. Each scenario introduces a basic initial condition, such as selling a certain number of items at a base price, with a specified decrease in quantity sold per unit price increase. The provided expressions represent the relationship between volume and price effectively, modeling a decrease in sales when prices are raised. This topic helps develop skills in formulating and understanding quadratic expressions in real-world contexts.
Work on practice problems directly here, or download the printable pdf worksheet to practice offline.
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