Solve the problem.
-The price and , the quantity of a certain product sold, obey the demand equation
a) Express the revenue as a function of .
b) What is the revenue if 450 units are sold?
c) Graph the revenue function using a graphing utility.
d) What quantity x maximizes revenue? What is the maximum revenue?
e) What price should the company charge to maximize revenue?
Correct Answer:
Verified
b.
c....
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