Suppose that the selling price p of an item for the quantity x sold is given by the function p = -x + 50 (a) Express the

Question

Suppose that the selling price p of an item for the quantity x sold is given by the function 
p = -x + 50
(a) Express the revenue R as a function of x.(R = x⋅p)
R = ________________
(b) How many items must be sold to maximize the revenue?
x = ________________
(c) What is the maximum revenue that can be obtained from this model? 
$ r______________

Kunduz · Accepted Answer

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