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If the price of the commodity increases then the demand decreases and if the price of the commodity decreases then the demand increases.
Demand function to revenue function. In this video we maximize the revenue from a linear demand function by finding the vertex of a quadratic function. I am a bit confused by the wording and what i should do. Demand supply cost revenue and profit functions. I m having a little bit of trouble figuring this out i found the price demand function in the previous question based on that i am supposed to find the revenue function.
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