Question: 1) The demand for a certain product is given by p=5x+20 where p is the price in dollars when x units are demanded. Suppose the

1) The demand for a certain product is given by p=5x+20 where p is the price in dollars when x units are demanded. Suppose the cost of producing x units is given by C(x)=6x+50 a) Find the revenue R(x) that would be obtained at a price P. b) Find the price that will produce maximum revenue. c) What is the maximum revenue? d) What is the profit function. e) What is the maximum profit? f) How many units should be produced to maximize the profit

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