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The management of Lorimar Watch Company has determined that the dally marginal revenue function associated wath producing and selling their travel ciocks is given by

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The management of Lorimar Watch Company has determined that the dally marginal revenue function associated wath producing and selling their travel ciocks is given by R2(x)=0.005x+11 where x denotes the number of units produced and sold and R(x) is measured in dollarsfunit. (a) Determine the revenue function A(x) associated with producing and selling these clocks. A(x)= (b) What is the demand equation that relates the wholesaie unit price p with the quantity of travel ciocks demanded? p=

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