Question: The monthly demand function for a product sold by a monopoly isp =2,05213x2 dollars,and the average cost isC =900+24x + x2 dollars.Production is limited to

The monthly demand function for a product sold by a monopoly isp =2,05213x2 dollars,and the average cost isC =900+24x + x2 dollars.Production is limited to 1,000 units, and x is in hundreds of units.Find the revenue function,R(x).R(x)=2052x13x3Find the cost function,C(x).C(x)=900x+24x2+x3Find the profit function,P(x).P(x)=1152x24x243x3(a)FindP'(x).P'(x)=48x4x2

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