Tom N. answered • 04/30/19
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The revenue function or total revenue is xp(x) where p(x) is the demand function or price function. So the demand function for this problem is 8-2x.
Tom N.
tutor
The function for revenue is as you found by integrating the marginal revenue function R'(x). The revenue function is defined as the product of the number of units x times the demand function p(x). In the revenue function - 2x^2 +8x this can be written as x(8- 2x) where x is units and 8-2x is the demand function.
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04/30/19
Ana A.
Thank you...:)
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04/30/19
Ana A.
How you did it?04/30/19