Question: (1 point) This problem is modeled on one from your textbook. The demand function for a good is p = 50 - 0.04q. Round your

 (1 point) This problem is modeled on one from your textbook.

(1 point) This problem is modeled on one from your textbook. The demand function for a good is p = 50 - 0.04q. Round your numeric answers to one decimal place. a) Write the revenue as a function of production, q. R(q) b) What production level maximizes revenue? q = c) What price corresponds to this production level? price = $ d) What is the total revenue at this production level? revenue = $

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