SOLUTION: A manufacturer of microwave ovens believes that the revenue R, in dollars, that the company receives is related to the price P, in dollars, of an oven by the function R(P) = 110P �

Question 1059344: A manufacturer of microwave ovens believes that the revenue R, in dollars, that the company receives is related to the price P, in dollars, of an oven by the function R(P) = 110P � 0.25P^2. What price will give the maximum revenue?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!

Use the formula for the vertex
of a parabola,

$220 gives the maximum revenue
-------------------------------------
check:

The maximum revenue is $12,100
Here's the plot:

Looks about right
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