A software development company has determined the demand for it's programs be shown by the demand equation 250-4x where p is price per program x is number of programs produced and sold.  Find number of programs company needs to sell and maximize revenue. find max revenue find optimal price that allows max profits

Survey Of Economics
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ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter5: Price Elasticity Of Demand And Supply
Section: Chapter Questions
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A software development company has determined the demand for it's programs be shown by the demand equation 250-4x where p is price per program x is number of programs produced and sold.  Find number of programs company needs to sell and maximize revenue.

find max revenue

find optimal price that allows max profits.

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