If, in a Monopoly Market, the Demand for a Product

question 44

Multiple Choice

If, in a monopoly market, the demand for a product is , and the revenue function is , where x is the number of units sold, what price will maximize revenue? Round your answer to the nearest cent. ​

• A) Price that will maximize revenue is .
• B) Price that will maximize revenue is .
• C) Price that will maximize revenue is .
• D) Price that will maximize revenue is .
• E) Price that will maximize revenue is .

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