Question:

Suppose that the selling price p of an item for the quantity

Suppose that the selling price p of an item for the quantity

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______________

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