88. Maximizing Revenue The John Deere company has found that the revenue, in dollars, from sales of riding mowers is a function of the unit price p, in dollars, that it charges. If the revenue R is R(p) = -p² + 1900p what unit price p should be charged to maximize revenue? What is the maximum revenue?
88. Maximizing Revenue The John Deere company has found that the revenue, in dollars, from sales of riding mowers is a function of the unit price p, in dollars, that it charges. If the revenue R is R(p) = -p² + 1900p what unit price p should be charged to maximize revenue? What is the maximum revenue?
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 25E: Production Manufacturing DVRs and TVs requires the use of the electronics, assembly, and finishing...
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