The price p? (in dollars) and the quantity x sold of a certain product obey the demand equation p=-1/6x+100. Answer parts ?(a) through ?(e).
?(a) Find a model that expresses the revenue R as a function of x.
?(b) What is the domain of? R?
?(c) What is the revenue if 250 units are sold?
(d) What quantity x maximizes? revenue/What is the maximum? revenue?
(e) What price should the company charge to maximize? revenue?