If, in a monopoly market, the demand function for a product is
p = 115 − 0.50x
and the revenu...
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Mathematics, 01.03.2021 07:10 tiny2007
If, in a monopoly market, the demand function for a product is
p = 115 − 0.50x
and the revenue function is
R = px,
where x is the number of units sold and p is the price per unit, what price will maximize revenue?
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Answers: 3
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