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  2. Topic
    Mathematics
  3. Study Set
    Applied Calculus
  4. Exam
    Exam 4: Applications of the Derivative
  5. Question
    The Quantity Demanded Each Month of the Sicard Wristwatch Is
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The Quantity Demanded Each Month of the Sicard Wristwatch Is

Question 3

Question 3

Short Answer

The quantity demanded each month of the Sicard wristwatch is related to the unit price by the equation The quantity demanded each month of the Sicard wristwatch is related to the unit price by the equation   , where p is measured in dollars and x is measured in units of a thousand. To yield a maximum revenue, how many watches must be sold?   __________ , where p is measured in dollars and x is measured in units of a thousand.
To yield a maximum revenue, how many watches must be sold? The quantity demanded each month of the Sicard wristwatch is related to the unit price by the equation   , where p is measured in dollars and x is measured in units of a thousand. To yield a maximum revenue, how many watches must be sold?   __________ __________

Correct Answer:

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