It is determined that q units of a commodity can be sold when the price is p
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It is determined that q units of a commodity can be sold when the price is p hundred dollars per unit, where
a. Verify that the demand function q( p) decreases as p increases for p 0.
b. For what price p is revenue R = pq maximized? What is the maximum revenue?
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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