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QUESTION 7: A manufacturer estimates that when x units of a particular commodity are produced, the market price p (dollars per unit) is given by

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QUESTION 7: A manufacturer estimates that when x units of a particular commodity are produced, the market price p (dollars per unit) is given by the demand function p= 300 e 0.02x a. What market price corresponds to the production of x=100 units? b. How much revenue is obtained when 100 units of the commodity are produced? c. How much more (or less) revenue is obtained when x=100 units are produced than when x=50 are produced? How much money should be invested today at an annual interest rate of 7% compounded continuously so that 20 years from now it will be worth $20,000

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