Marginal analysis. The price-demand equation for 4-cubic foot refrigerators at an appliance store is p(x) = 1,000e-0.02x where x is the monthly demand and p is the price in dollars. Find the price per unit that maximizes the revenue. Ap=50 B. p = 100 c. p(50) = 1000e-¹ D. p(100) = 1000e-²

Advanced Engineering Mathematics
10th Edition
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Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Question 2
Marginal analysis. The price-demand equation for
14-cubic foot refrigerators at an appliance store is
p(x) = 1,000e-0.02x
where x is the monthly demand and p is the price in
dollars.
Find the price per unit that maximizes the revenue.
Ap=50
B. p = 100
c. p(50) = 1000e-¹
D. p(100) = 1000e-²
Transcribed Image Text:Question 2 Marginal analysis. The price-demand equation for 14-cubic foot refrigerators at an appliance store is p(x) = 1,000e-0.02x where x is the monthly demand and p is the price in dollars. Find the price per unit that maximizes the revenue. Ap=50 B. p = 100 c. p(50) = 1000e-¹ D. p(100) = 1000e-²
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