SOLUTION: I need help. I do not understand and the problem has to be done by factoring. Please help.
Tropical Pools sells an aboveground
model for p dollars each. The monthly revenue for
Algebra.Com
Question 380813: I need help. I do not understand and the problem has to be done by factoring. Please help.
Tropical Pools sells an aboveground
model for p dollars each. The monthly revenue for this
model is given by the formula
R(p)=-0.08p2 + 300p.
Revenue is the product of the price p and the demand
(quantity sold).
a) Factor out the price on the right-hand side of the
formula.
b) Write a formula D(p) for the monthly demand.
c) Find D(3000).
d) Use the accompanying graph to estimate the price at
which the revenue is maximized. Approximately how
many pools will be sold monthly at this price?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
R(p)=p(-0.08p+300)
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