The demand equation for a product is p=2-0.001x. Find the value of x and the corresponding price p that maximize the revenue.
Follow Math Help Forum on Facebook and Google+
This is sort of a weird question. How do you know how much revenue you earn if the question doesn't tell you how much you spend to get that revenue? Since this is a linear equation I guess when x=0 is when p is the highest value?
View Tag Cloud