Question: 14 and 15 please. 14. - Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose that in a monopoly market, the demand function for
14. - Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose that in a monopoly market, the demand function for a product is p-100-.Sux and the revenue function R-p where xit the number of units cold and on the price per white) Form the revenue function RX) RO) rond the number of units that must be to maximizer ned the price of the product on coats that will make revenue 1 Need Help? 15 [0/2 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER if the demand function for a commodity is given by the equation? . 17 - 1800 and the supply function is given by the equation 300- +60-0, Tind the equirium quantity and equilibrium price (Round your answers to two decimal places) em quantity X quorum price 5.4227 Need Help
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