Question: A company has determined that the demand function for a dining room table is given by 1 p = 1200 Ex where p is the

 A company has determined that the demand function for a dining

A company has determined that the demand function for a dining room table is given by 1 p = 1200 Ex where p is the price per table and x is the number of tables sold. The xed cost of producing a line of dining room tables is $100,000 and each table costs $200 to make. Use this information to answer the next three questions. 64. Determine a simplied formula for the revenue mction. (A) R(x}=lZOO%x (B) R(x)=lZOO%x2 (C) R(x)=1200x%x2 3 3 2 (D) R(x)=1200x (E) R(x)=1200xx 2 2

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