Examlex

Solved

Solve the Problem pp (In Dollars) and the Quantity xx Sold of a Certain Product Obey the Demand Equation

question 205

Multiple Choice

Solve the problem.
-The price pp (in dollars) and the quantity xx sold of a certain product obey the demand equation x=6p+120,0p20x = - 6 p + 120 , \quad 0 \leq p \leq 20 .
What quantity xx maximizes revenue? What is the maximum revenue?


Definitions:

Related Questions