Question: (b) 1. Given that the demand function is p = 42 - 3q , where q represents the output level and p is the price,

(b) 1. Given that the demand function is p = 42

(b) 1. Given that the demand function is p = 42 - 3q , where q represents the output level and p is the price, write down an expression for the total revenue (R) function in terms of q. li. Find the output level which maximises the total revenue function. Note that you need to clearly show that this output level leads to a maximum. Section [A] continues next page

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