Question: WW16Sec3.1: Problem 12 Previous Problem Problem List Next Problem (1 point) This problem is similar to one from your textbook. Suppose that the demand function

 WW16Sec3.1: Problem 12 Previous Problem Problem List Next Problem (1 point)

WW16Sec3.1: Problem 12 Previous Problem Problem List Next Problem (1 point) This problem is similar to one from your textbook. Suppose that the demand function for a certain product is q = 350 - 2p. (a) Enter the equation for revenue R as a function of price p (Hint: See page 29 of your textbook.): R = (b) What is the (instantaneous) rate of change of revenue with respect to price when the price is $ 8? (c) At what price is the derivative of revenue with respect to price exactly zero

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