Solve the problem.The price p and x, the quantity of a certain product sold, obey the demand equation p = - 
x + 100, {x|0 ? x ? 1000}a) Express the revenue R as a function of x.b) What is the revenue if 450 units are sold?c) Graph the revenue function using a graphing utility.d) What quantity x maximizes revenue? What is the maximum revenue?e) What price should the company charge to maximize revenue?
What will be an ideal response?
| a. | R(x) = -  x2 + 100x |
c.
| d. | 500; $25,000.00 |
Mathematics
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