Suppose that the relationship between the Quantity ( X ) on imported men and women "Wrist Watches", and the Price ( p(x)) in millions of dollars, is given by the function below. a. Find the Revenue Function (R(x) = X: p(x))? b. Find the Quantity (X) that Maximize Revenue for selling "Wrist Watches" c. Determine if the Revenue is Maximized? p(x) = 40 Р(х) 63/x?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Suppose that the relationship between the Quantity ( X ) on imported men
and women "Wrist Watches", and the Price ( p(x)) in millions of dollars,
is given by the function below.
a. Find the Revenue Function (R(x)
= X:
p(x))?
b. Find the Quantity (X) that Maximize Revenue for selling "Wrist Watches"
c. Determine if the Revenue is Maximized?
p(x) = 40
Р(х)
63/x?
Transcribed Image Text:Suppose that the relationship between the Quantity ( X ) on imported men and women "Wrist Watches", and the Price ( p(x)) in millions of dollars, is given by the function below. a. Find the Revenue Function (R(x) = X: p(x))? b. Find the Quantity (X) that Maximize Revenue for selling "Wrist Watches" c. Determine if the Revenue is Maximized? p(x) = 40 Р(х) 63/x?
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