A firm sells 100 units of a product per month at $300 each, but market research indicates that it can sell 1 more product per month for each $2 reduction of the price. At what price will revenue be maximized? R(x)=(100+x)(300-2x) RCX) 100x+30,000 -2x R'(x) =100(1)x-2(2) x' Question 11'(x) = 100-4x 2-1 What is the maximum total revenue? +0 R'(x) = 100-4x=0 Croc P(x)=300 +4x +46 40=4x P(25300 =250 x=25 Grade 0 1 2 3 4 5