A wholesaler finds that the weekly demand, q, is a linear function of the price, p, of a product. A graph of q vs. p is shown to the right. (Note the choice of axes. The intercepts are labeled for you.)
When the price is $14 the company sells 560 units. When the price is $28, the number of units sold per week decreases to 420 units.
Complete parts a-c below.
a. Complete the table.
Price, p | Demand, q | Revenue, R = pq
$0 | 700 units | $
$14 | 560 units | $
$28 | 420 units | $
$70 | 0 units | $