trey231487 trey231487
  • 20-10-2022
  • Mathematics
contestada

A demand function for a certain product is given by the equation q = 1200 - 5p, where p is the price in
dollars, and q is the quantity demanded. Find a function to represent the revenue generated by producing
and selling q items. Use this function to determine the quantity that maximizes revenue. What price
should be charged in order to maximize revenue?

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