Business, 22.02.2021 19:00 aydenmasonc
The management of ACrosonic plans to market the ElectroStat, an electrostatic speaker system. The marketing department has determined that the demand function for the speakers is p=−0.4x+800(0≤x≤20,000) where p denotes the speaker's unit price (in dollars) and x denotes the quantity demanded.
a. Find the revenue function, R.
b. Find the marginal revenue function, R'.
c. Compute R' (500), and interpret your results.
Answers: 2
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