Write equation which expresses revenue as function of x, Mathematics

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Write equation which expresses revenue as function of x

The price p (in dollars) and quantity x sold of the certain product obey demand equation p= (-1/10)x+1000. SHOW WORK Pls.

a. Write down equation which expresses revenue R as the function of x.

b. Find the revenue if 400 units are sold?

c. Determine quantity x maximizes revenue?

d. Determine the maximum revenue?

e. Determine price must company charge to maximize revenue?

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Mathematics: Write equation which expresses revenue as function of x

Reference No:- TGS0848919

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Recent Questions Asked Mathematics

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Request for Solution File

Ask an Expert for Answer!!

Mathematics: Write equation which expresses revenue as function of x

Reference No:- TGS0848919

Recent Questions Asked Mathematics

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