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The demand function for a particular brand of LCD TV is given by p=2800-35x where p is the price per unit in dollars when x thousand television sets are sold.

Determine the number of sets that must be sold in order to maximize the revenue.

To the nearest whole dollar, what is the maximum revenue?

To the nearest cent, what is th price per unit when the revenue is maximized?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91421128

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