Question: The following function is a company's price function, where p is the price (in dollars) at which quantity x (in thousands) will be sold. p

The following function is a company's price function, where p is the price (in dollars) at which quantity x (in thousands) will be sold. p = 800e^0.1^x

(a) Find the revenue function R(x). [Hint: Revenue is price times quantity, p x.]

R(x) =

(b) Find the quantity and price that will maximize revenue. (Round your answers to two decimal places.)

x =

p = $

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