Mathematics, 11.06.2021 01:00 leem6

The demand function is x= (24âˆ’2p)/3 where x is the number of units demanded and p is the price per unit. Find: a. The revenue function R in terms of p.
b. The price and the number of units demanded for which the revenue is maximum.

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The demand function is x= (24âˆ’2p)/3 where x is the number of units demanded and p is the price per...

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The demand function is x= (24âˆ’2p)/3 where x is the number of units demanded and p is the price per unit. Find: a. The revenue function R in terms of p. b. The price and the number of units demanded for which the revenue is maximum.

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The demand function is x= (24âˆ’2p)/3 where x is the number of units demanded and p is the price per unit. Find: a. The revenue function R in terms of p.
b. The price and the number of units demanded for which the revenue is maximum.