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Mathematics, 03.04.2020 00:58 kiaramccurty
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The price p and the quantity x sold of a certain product obey the demand equation below.
x=-4p+80, 0≤ p≤ 20
(a)Express the revenue R as a function of x.
(b)What is the revenue if 44 units are sold?
(c)What quantity x maximizes revenue? What is the maximum revenue?
(d)What price should the company charge to maximize revenue?
(e)What price should the company charge to earn at least $364 in revenue?
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Answers: 1
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The price p and the quantity x sold of a certain product obey the demand equ...
The price p and the quantity x sold of a certain product obey the demand equ...
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