SOLUTION: the monthly revenue R of a certain company is given by R = 800P -7P^2,where P is the price in dollars of the product they manufacture.At what price will be revenue be $10000 if th
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Question 176847: the monthly revenue R of a certain company is given by R = 800P -7P^2,where P is the price in dollars of the product they manufacture.At what price will be revenue be $10000 if the price must be greater than $50.
Answer by MathTherapy(10555) (Show Source): You can put this solution on YOUR website!
–
(7P - 100 )(P - 100) = 0
(<$50) or P = 100
Since we’re told that the price must be greater than $50, we have to reject . Therefore, the correct choice is a price of $100.
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