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Problem 4-10 Points Words, Words, Words part 1 (5 points each) You boss decides to launch a new product, cerebrum vastatorem, and you are
Problem 4-10 Points "Words, Words, Words" part 1 (5 points each) You boss decides to launch a new product, cerebrum vastatorem, and you are tasked with finding the optimal price and quantity. The revenue function is R = -5p + 1000p where R is the revenue and p is the price. Find the revenue maximizing price and the maximum revenue and graph it. Remember that you can label the scale for your graph.
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