The price p (in dollars) and the demand x for a particular clock radio are related by the equation xequals3000minus10p. (a) express the price p in terms of the demand x, and find the domain of this function. (b) find the revenue r(x) from the sale of x clock radios. what is the domain of r? (c) find the marginal revenue at a production level of 1600 clock radios. (d) interpret upper r prime(1700)equalsminus40.00.
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The price p (in dollars) and the demand x for a particular clock radio are related by the equation x...
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