1The monthly demand function for a product sold by a monopoly is p = 1,764 -² dollars, and the average cost isC = 900 + 12x + x² dollars. Production is limited to 1,000 units, and x is in hundreds of units.Find the revenue function, R(x).R(x) =Find the cost function, C(x).C(x) =Find the profit function, P(x).P(x) =(a) Find P'(x).P'(x) =Considering the limitations of production, find the quantity (in hundreds of units) that will give the maximum profit.hundred units(b) Find the maximum profit. (Round your answer to the nearest cent.)$

The demand function is P(x)=1764-13x2 t............................ (1) Average cost function C =…

The monthly demand function for a product sold by a monopoly is p = 1,764 - dollars, and the average 900 + 12x + x² dollars. Production is limited to 1,000 units, and x is in hundreds of units. Find the revenue function, R(x). 2(x) = Find the cost function, C(x). =(x) = Find the profit function, P(x). =(x) = (a) Find P'(x). P'(x) =

The monthly demand function for a product sold by a monopoly is p = 1,764 - dollars, and the average 900 + 12x + x² dollars. Production is limited to 1,000 units, and x is in hundreds of units. Find the revenue function, R(x). 2(x) = Find the cost function, C(x). =(x) = Find the profit function, P(x). =(x) = (a) Find P'(x). P'(x) =

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter2: Functions

Section2.4: Average Rate Of Change Of A Function

Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.

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