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OpenStudy (anonymous):
The dollar price for a barrel of oil sold at a certain oil refinery tend to follow the demand equation below, where x is the number of barrels of oil on hand (in millions). a) How much should be charged for a barrel of oil if there are 3 million barrels on hand? b) What quantity x will maximize revenue? c) What price should be charged in order to maximize revenue? p=(-1/-10)(x)+64
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