8. A sales analyst determines that the revenue from sales of fruit smoothies is given by R(r) = -90x + 450x where z is the price in dollars charged per item, for 0

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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8. A sales analyst determines that the revenue from sales of fruit smoothies is given by R(1) =-90r + 450r where r is the price in dollars charged per item, for 0 <<6.
a) Find the critical points of the revenue function.
b) Determine the absolute maximum value of the revenue function and the price that maximizes the revenue.
Section 4.2:
Transcribed Image Text:8. A sales analyst determines that the revenue from sales of fruit smoothies is given by R(1) =-90r + 450r where r is the price in dollars charged per item, for 0 <<6. a) Find the critical points of the revenue function. b) Determine the absolute maximum value of the revenue function and the price that maximizes the revenue. Section 4.2:
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