Suppose the demand equation is 200x 10p 10000 where x is


Suppose the demand equation is 200x + 10p = 10000, where x is the number of items sold when the per unit price is p dollars.

Determine

(a) the revenue function,

(b) the domain of the revenue function,

(c) the revenue derived from the sale of the 20th item-the marginal revenue when x = 20.

(d) the level of production that maximizes the revenue, and the maximum revenue.

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Econometrics: Suppose the demand equation is 200x 10p 10000 where x is
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