Is this answer correct? DEMAND FUNCTION! →рIF ((x) = 18,000 + 500xREVENUE FUNCIONR(x)Tame-Xзорехзорلعامx p(x)(x500xPROFIT FUNCTIONP(x) = f(x) - clx)500-0.0220.02x)202222=25,000 -50p= 25,000H25,000-X25,000-X(500x -0.02x²) - (18,000 + 500x= 500x - 0·02x² - 18,000 - 500x18,000.2- 0.02xMARGINAL REVENUE = R'(x)500-0022500 -0.04xMARGINAL PROFIT → P²O) = R'bu)500 -0.02%R'(x) > 500 -0.042c'(x) =-500.00500-0-04 x = 5000.04x =0.042 =D500-5000.04x = 0

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Answered: DEMAND FUNCTION! → X зорех REVENUE…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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DEMAND FUNCTION! → X зорех REVENUE FUNCION • R(x) = 2 р IF ((x) = 18,000 + 500x sop لعاصد 25,000-50p 25,000 25,000-X 25,000-X 500-0022 500 -0.02%