Draw 3d for revenue function with respect to price and

Reference no: EM13390134

Consider monopolist's product, the cost function is and demand function is
Plot cost function versus for a range of 0 to 5000
Plot the demanded quantity and the price
Develop the revenue function
Plot 3D for revenue function with respect to price and quantity demanded
Use a software to find the optimal revenue and corresponding price and order quantity.

Reference no: EM13390134

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