revenue is price * quantity
so multiply, then find the vertex of the parabola in the usual way.
If, in a monopoly market, the demand function for a product is
p = 140 − 0.80x
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?
$
2 answers
how would u multiply it. please be specific
0 answers