9. The ABC snack store has found that the revenue, in dollars, from sales of donuts is a function of the unit price p, in dollars, that it charges. If the revenue R is R(p) =--p? + 20p, what unit price p should be charged to maximize revenue?

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A: We shall solve this question using only the basic knowledge of linear equations.

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A: Since, we have been given that the selling price p of an item for the quantity x sold is given by…

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Q: Suppose a company's revenue function is given by R(q)=−q^3+320q^2 and its cost function is given by…

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Q: If, in a monopoly market, the demand function for a product is p=228-0.4x and the revenue function…

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A: Please see the explanation below

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A: I am going to solve the given problem by using some simple calculus to get the required result.

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Q: 2.) What is the maximum profit when the profit-versus-production function is as given below? P is…

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A: We’ll answer the 1st question since we answer only one question at a time. Please submit a new…