A revenue curve proves to be R = X2 + 58X + 52, where X is output.
Question:
A revenue curve proves to be R = −X2 + 58X + 52, where X is output.
Use the vertex to determine how many units of output the producer should sell to maximize revenue. Roughly graph the revenue function.
Does it confirm your answer?
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Related Book For
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster
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