Mathematics, 04.02.2021 03:50 kasier4600
the demand function for a new product is p(x)=-6x + 47, where p is the price in dollars and x is the number of items sold in hundreds. The cost function is C(x) = 8x + 102. determine the revenue function. What is the maximum revenue? Determine the profit function. Determine the number of items that should be sold to obtain the maximum profit. What is the maximum profit?
Answers: 2
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the demand function for a new product is p(x)=-6x + 47, where p is the price in dollars and x is the...
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