document.write( "Question 1171476: Mrs. Richey can sell 36 picture frames each month if she charges $18 each. She estimates that for each $3 increase in price, she will sell 3 fewer frames.
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document.write( "Step 1 of 2 : Find the price that will yield the maximum revenue.
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Algebra.Com's Answer #796518 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! (18+3x)(36-3x)=revenue ,where x is the number of increases of $3 in price. \n" ); document.write( "648+54x-9x^2=revenue \n" ); document.write( "maximize when x=-b/2a=-54/-18 or 3 \n" ); document.write( "$27 is the price at maximum revenue \n" ); document.write( "27 is the numbers of frames sold for maximum revenue. \n" ); document.write( "The answer is $27, the maximum revenue is $729.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |