Multiple Choice
The revenue derived from the production of x units of a particular commodity is million dollars.What level of production results in maximum revenue? What is the maximum revenue? Round numbers to two decimal places,if necessary.
A) Maximum at x = 8 and maximum revenue is R(8) = 4 (million dollars)
B) Maximum at x = 8 and maximum revenue is R(8) = 32 (million dollars)
C) Maximum at x = 9 and maximum revenue is R(9) = 2.67 (million dollars)
D) Maximum at x = 8 and maximum revenue is R(8) = 2.67 (thousand dollars)
Correct Answer:

Verified
Correct Answer:
Verified
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