Mathematics, 11.10.2021 20:50, thedragontale1020

The price p in dollars and the quantity x sold of a certain product obey the demand equation -1/5x+100 (0≤ x ≤ 500) a) Express the revenue R as a function of x. (remember, R= p. x)

b) What is the revenue if 200 units are sold?

c) What quantity x that maximizes the revenue?

e) What price should the company charge to maximize revenue?

Answers: 2

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The price p in dollars and the quantity x sold of a certain product obey the demand equation -1/5x+1...