9. MAXIMIZING REVENUE It is determined that q units of a commodity can be sold when the price is p hundred dollars per unit, where q(p) = 1,000(p + 2)e¯P a. Verify that the demand function g(p) decreases as p increases for p > 0. b. For what price p is revenue R = pq maximized? CS'Scannecw RCanscanner What is the maximum revenue?
9. MAXIMIZING REVENUE It is determined that q units of a commodity can be sold when the price is p hundred dollars per unit, where q(p) = 1,000(p + 2)e¯P a. Verify that the demand function g(p) decreases as p increases for p > 0. b. For what price p is revenue R = pq maximized? CS'Scannecw RCanscanner What is the maximum revenue?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.6: Inequalities
Problem 88E
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