The price p (in dollars) and the quantity x sold of a certain product obey the demand

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The price p (in dollars) and the quantity x sold of a certain product obey the demand equation

P = -1/10 x + 150

(a) Express the revenue R as a function of x.

(b) What is the revenue if 100 units are sold?

(d) What price should the company charge to maximize revenue?

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Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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Question Posted: Jan 10, 2019 05:18 AM

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The price p (in dollars) and the quantity x sold of a certain product obey the demand

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a b c Since Rx 110 x 2 150x is a quadratic function with a ...View the full answer

Precalculus

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