Question: 1. Find the maximum revenue for the revenue function R(x) = 1600x - x2? 2. If, in a monopoly market, the demand for a product

1. Find the maximum revenue for the revenue function R(x) = 1600x - x2?

2. If, in a monopoly market, the demand for a product is p = 175 - 0.50x and the revenue function is R = px, where x is the number of units sold, what price will maximize revenue?

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