SOLUTION: Maximizing Revenue Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in $) is
R (p) = -4p^2 + 4000p
What unit
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-> SOLUTION: Maximizing Revenue Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in $) is
R (p) = -4p^2 + 4000p
What unit
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Question 54927: Maximizing Revenue Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in $) is
R (p) = -4p^2 + 4000p
What unit price should be established for the dryer to maximize revenue? What is the maximum revenue?
Textbook College Algebra 7th ed. Sullivan. Pearson Prentice Hall Answer by rapaljer(4671) (Show Source):
You can put this solution on YOUR website! The equation is a parabola in the form that opens downward, and it's maximum will occur at the value where .
In this case, a=-4 and b=4000, so dollars
Maximum revenue will be dollars
Did I do the math right? I left my calculator in the other room!!
By the way, can you use a graphing calculator on this???
