Question: The demand equation for a certain product is given by P 130 0 06x where p is the unit price in dollars of the product

The demand equation for a certain product is given by P

The demand equation for a certain product is given by P 130 0 06x where p is the unit price in dollars of the product and x is the number of units produced The total revenue obtained by producing and selling x units is given by R xp Determine prices p that would yield a revenue of 8330 dollars Lowest such price Highest such price

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