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Determine the price p (in dollars) that maximizes total revenue. p = $

Determine the price p (in dollars) that maximizes total revenue. p = $

Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.5: Linear Functions And Models
Problem 6E
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Determine the price p (in dollars) that maximizes total revenue. p = $
Transcribed Image Text:Determine the price p (in dollars) that maximizes total revenue. p = $
For the demand equation, express the total revenue R as a function of the price p per item. R(p) = 9-8p1600
Transcribed Image Text:For the demand equation, express the total revenue R as a function of the price p per item. R(p) = 9-8p1600
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