Solve the problem.
-The price and , the quantity of a certain product sold, obey the demand equation
a) Express the revenue R as a function of x.
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. R(450) = $24,...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q252: Solve the problem.
-A rectangular box with
Q253: Find the function.
-Find the function that is
Q254: Solve the problem.
-Elissa wants to set
Q255: Solve the problem.
-Bob wants to fence
Q256: Solve the problem.
-From a 18-inch by
Q258: Solve the problem.
-A right triangle has
Q259: Solve the problem.
-A farmer has 800
Q260: Solve the problem.
-A rectangle that is
Q261: Solve the problem.
-When the temperature stays
Q262: Solve.
-The amount of gas that a helicopter
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents