DEMAND EQUATION the price p and the quantity x sold of a certain product obey
'the demand equation
x = -20p+500 , 0 is less than or equals to p lesss than or equals to 25.
(a) Express the revenue R as a function of x.
(b) what is the revenue if 20 unite are sold ?
(c) What quantity x maximizes revenue? what is the maximum revenue ?
(d) What price should the company charge to maximize revenue ?
2007-02-22
04:14:24
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3 answers
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Science & Mathematics
➔ Mathematics