The sale of compact discs of lesser performers is very sensitive to price. If a CD manufacturer
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The sale of compact discs of “lesser” performers is very sensitive to price. If a CD manufacturer charges p(x) dollars per CD, where
then x thousand CDs will be sold.
(a) Find an expression for the total revenue from the sale of x thousand CDs.
(b) Find the value of x and the number of CDs that lead to maximum revenue.
(c) Find the maximum revenue.
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