(Answered)-The price p and the quantity x sold of a certain product obey the - (2025 Updated Original AI-Free Solution

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

  1. The?price?p?and?the?quantity?x?sold?of?a?certain?product?obey?the?demand?equation?R=xp.?P=-1/5x+180,??0,=x<=900.?What?quantity?x?maximizes?revenue??what?is?the?maximum?revenue?

A:675;$30,375, ?B:225;$30,375, ?C:900;$40,500 ? D: 450;$40,500