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Mathematics, 02.08.2019 21:30, suee8780
The dollar price for a barrel of oil sold at a certain oil refinery tends to follow the demand equation below, where x is the number of barrels of oil on hand (in millions). (each question is individual. not multiple choice.) a) how much should be charged for a barrel of oil if there are 9 million barrels on hand? b) what quantity x will maximize revenue? c) what price should be charged in order to maximize revenue? p = - 1/10 x + 74
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The dollar price for a barrel of oil sold at a certain oil refinery tends to follow the demand equat...
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