A company sells wholesale lots of goods at a price of $20 per thousand for orders of 10,000 or less, with the charge per thousand decreased by 50 cents for each thousand above 10,000. Determine the order size at which the company has the maximum revenue.
A company sells wholesale lots of goods at a price of $20 per thousand for orders of 10,000 or less, with the charge per thousand decreased by 50 cents for each thousand above 10,000. Determine the order size at which the company has the maximum revenue.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 2TU: Suppose one canoe rents for 40,and2 is taken off the price for each additional canoe rented by a...
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