If the revenue function for a particular commodity is R(p)q(p) =Give a reason for your answer.qрOR = pqOR=q-pR = 2²₂OOR =R = p + q=-56p² + 62p, what is the (linear) demand function q(p)?

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Answered: If the revenue function for a…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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If the revenue function for a particular commodity is R(p) = −5 q(p) = -56p² + 62p, what is the (linear) demand function q(p)? Cive