A cable television firm presently serves 5,900 households and charges $22 per month. A marketing survey indicates that each decrease of $1 in the monthly charge will result in 590 new customers. Let R(x) denote the total monthly revenue when the monthly charge is x dollars. Find the value of x that results in maximum monthly revenue.
A) $21
B) $6
C) $11
D) $16
E) $22
Correct Answer:
Verified
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