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Maximizing Revenue The quantity demanded each month of the Sicard sports watch is related to the unit price by the equation 43 p=2 (05x5 20)
Maximizing Revenue The quantity demanded each month of the Sicard sports watch is related to the unit price by the equation 43 p=2 (05x5 20) 0.01X +1 where p is measured in dollars and x is measured in units of a thousand. To yield a maximum revenue, how many watches must be sold? (Round your answer to the nearest whole number.) watches
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