Question: The demand D for a product is given by D = x 2 + 3, where x is the price of the product. Suppose our

The demand D for a product is given by D = x²+ 3, where x is the price of the product. Suppose our problem is to find the price that will maximize revenue subject to several constraints (not given here). What is the objective function for this problem?

min x² + 3

min x³ + 3x

max x² + 3

max x³ + 3x

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