maximizing revenue the revenue function for a particular product is rx x40001x find the largest possible revenue

3. [Profit Maximization - II]Given the following total revenue function (TR) and the total cost function (TC), maximizeprofit ? by following steps (a) set up the profit function? = TR - TC,(b) the critical values (the output values) where the profit is at a relative extremum; (c)checking the second order conditions and (d) the maximum profit value.(a)TR = 1400Q - 6Q^2; TC = 1500 80Q.(b)TR = 4350Q - 13Q^2; TC = Q^3 - 5.5Q^2 150Q 675.(c)TR = 5900Q - 10Q^2; TC = 2Q^3 - 4Q^2 140Q 845.

SOLVED:The revenue function for a one product firm is R(x)=200-(1600)/(x 8)-x. Find the value of x that results in maximum revenue.