The demand function for a product is modeled by p = 74e-0.000025x where p is the price per unit (in dollars) and x is the number of units. (a) What price, in dollars, will yield a maximum revenue? (Round your answer to the nearest cent.) 2$ (b) What is the maximum revenue (in dollars) at the price found in part (a)? (Round your answer to the nearest dollar.) $

The demand function for a product is modeled by p = 74e-0.000025x where p is the price per unit (in dollars) and x is the number of units. (a) What price, in dollars, will yield a maximum revenue? (Round your answer to the nearest cent.) 2$ (b) What is the maximum revenue (in dollars) at the price found in part (a)? (Round your answer to the nearest dollar.) $

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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