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Revenue Equation and Maximum Revenue Determination

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A company that manufactures typewriter ribbons knows that the number of ribbons, x, it can sell each week is related to the price, p, of each ribbon by the equation x=1200-100p. the amount of revenue earned each week would be R(X)= 1200P-100P^2.

- Graph the revenue equation and label the x- and y-intercepts.

- Find the maximum revenue.

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The solution provides detailed calculations in Excel and explanations for the problem regarding revenue equation and maximum revenue determination.

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