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)
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ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
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Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
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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.
Transcribed Image Text: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.
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