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A cosmetics company is planning the introduction and promotion of a new lipstick line. The marketing research department has found that the demand in a particular city is given approximately by p=11ex,0≤x≤2, where x thousand lipsticks were sold per week at a price of p dollars each. At what price will the weekly revenue be maximized?

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Answer is in the attachment

A cosmetics company is planning the introduction and promotion of a new lipstick line-example-1
A cosmetics company is planning the introduction and promotion of a new lipstick line-example-2
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