At price P, and quantity sold x of the certain product has been found to be p=-1/6x +100, when 0(< or =) x (< or =) 600.
a. State revenue R(x) as the function of x. Where revenue = quantity sold times price.
b. Determine quantity sold maximizes revenue?
c. Determine the max revenue?
d. what price must be charged to maixmize revenue?