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Anonymous

# calc help please?

If, in a monopoly market, the demand function for a product is

p = 150 − 0.80x

and the revenue function is

R = px,

where x is the number of units sold and p is the price per unit, what price will maximize revenue?

### 2 Answers

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- ted sLv 74 weeks ago
R = 150 x - 0.8 x² ===> R ' = 150 - 1.6 x = 0 when x = 150/1.6 ===> p = 150 - 0.8 (150 / 1.6)

- Anonymous4 weeks ago
example: education monies being wasted.

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