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The management of Lorimar Watch Company has determined that the daily marginal revenue function associated with producing and selling their travel clocks is given by R'(x) = 0.007x + 13, where x denotes the number of units produced and sold and R'(X) is measured in dollars/unit. (a) Determine the revenue function R(X) associated with producing and selling these clocks. _ 0007 9 R(x) = x2 -i 13x i C X Check which variable(s) should be in your answer. (b) What is the demand equation that relates the wholesale unit price p with the quantity of travel clocks demanded? p