5. Suppose the selling price per unit of certain product is determined according to the demand
as p = 100 -0.01x dollars for x units of demand (this is known as demand function). Find
the level of production that result in maximum revenue.
Hint: The revenue function R(x) is given by
R(x) = x.p = x(100 – 0.1x) = 100x – 0.1x2.
Answers
Answered by
0
Answer:
the price of dollar is 75 rupee
Step-by-step explanation:
Similar questions