SOLUTION: The weekly revenue for a company is R = -3p^2+60p+1060, where p is the price of the company's product. Find the maximum revenue for this company. Thanks for your help.

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Question 133131: The weekly revenue for a company is R = -3p^2+60p+1060, where p is the price of the company's product. Find the maximum revenue for this company.
Thanks for your help.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The weekly revenue for a company is R = -3p^2+60p+1060, where p is the price of the company's product. Find the maximum revenue for this company.
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max occurs at p = -b/2a = -60/(2*-3) = 10
Revenue when = 10 is R(10) = -3*100+60*10+1060
= $1360
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Cheers,
Stan H.