If, in a monopoly market, the demand for a product is , and the revenue function is , where x is the number of units sold, what price will maximize revenue? Round your answer to the nearest cent.
A) Price that will maximize revenue is .
B) Price that will maximize revenue is .
C) Price that will maximize revenue is .
D) Price that will maximize revenue is .
E) Price that will maximize revenue is .

Question

If, in a monopoly market, the demand for a product is  , and the revenue function is  , where x is the number of units sold, what price will maximize revenue? Round your answer to the nearest cent. ​
A) Price that will maximize revenue is . 
B) Price that will maximize revenue is . 
C) Price that will maximize revenue is . 
D) Price that will maximize revenue is . 
E) Price that will maximize revenue is .

Quizplus · Accepted Answer

The Answer of If, in a monopoly market, the demand for a product is  , and the revenue function is  , where x is the number of units sold, what price will maximize revenue? Round your answer to the nearest cent. ​
A) Price that will maximize revenue is . 
B) Price that will maximize revenue is . 
C) Price that will maximize revenue is . 
D) Price that will maximize revenue is . 
E) Price that will maximize revenue is .

If, in a Monopoly Market, the Demand for a Product