Answered You can hire a professional tutor to get the answer.

QUESTION

11. Suppose a company finds that the revenue, in dollars, from sales of a particular product is a function of the unit price p, in dollars, that it

.....................................................................

11. Suppose a company finds that the revenue, in dollars, from sales of a particular productis a function of the unit price p, in dollars, that it charges. The revenue R is given by: Mink-if +1500p a. What unit price should be set to maximize revenue?b. What is the maximum revenue?
Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question