2t- 4t+35И.nottonut ont o zbnogeo43.44. The Better Baby Buggy Co. has just come out with a new model, the Turbo. The market researchdepartment predicts that the demand equation for Turbos is given by =- 4x + 220 where q is thenumber of buggies it can sell in one month if the price is $x per buggy. At what price should it sell thebuggies to get the largest revenue? Round the result to the nearest dollar.AsS44.$284x=770हैeे07.

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Asked Dec 18, 2019
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This homework problem is part of Math Optimization class. 

2t- 4t+35
И.
nottonut ont o zbnogeo43.
44. The Better Baby Buggy Co. has just come out with a new model, the Turbo. The market research
department predicts that the demand equation for Turbos is given by =- 4x + 220 where q is the
number of buggies it can sell in one month if the price is $x per buggy. At what price should it sell the
buggies to get the largest revenue? Round the result to the nearest dollar.
AsS
44.
$28
4x=770
हैeे0
7.
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2t- 4t+35 И. nottonut ont o zbnogeo43. 44. The Better Baby Buggy Co. has just come out with a new model, the Turbo. The market research department predicts that the demand equation for Turbos is given by =- 4x + 220 where q is the number of buggies it can sell in one month if the price is $x per buggy. At what price should it sell the buggies to get the largest revenue? Round the result to the nearest dollar. AsS 44. $28 4x=770 हैeे0 7.

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Step 1

The provided demand equation is given by

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q = -4x + 220

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Step 2

The relationship between revenu...

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Revenue = Price × Demand Substitute -4 p+ 220 for demand in above equation. R(p) = p(-4p+220) = -4 p² + 220 p Consider R(p) = -4 p² + 220p as the annual income equation. The above equation is in the form of f(x)= ax + bx + c, where a =-4 and b= 220. %3D Notice that, a <0, so the corresponding parabola is opens downward and its vertex is highest point.

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