Question:

The demand equation for a certain product is given by P 130

Last updated: 2/19/2023

The demand equation for a certain product is given by P 130

The demand equation for a certain product is given by P 130 0 06x where p is the unit price in dollars of the product and x is the number of units produced The total revenue obtained by producing and selling x units is given by R xp Determine prices p that would yield a revenue of 8330 dollars Lowest such price Highest such price