A grocery store predicts the demand for their bouquets will be q = -26p + 1000 ,where q is the number of bouquets sold and p is the price in dollars. a. Find the equation for revenue as a function of price. b. At what price should they sell the bouquets to get the largest revenue? Round your answer to the nearest cent. c. What is the maximum revenue? Round your answer to the nearest cent.
A grocery store predicts the demand for their bouquets will be q = -26p + 1000 ,where q is the number of bouquets sold and p is the price in dollars. a. Find the equation for revenue as a function of price. b. At what price should they sell the bouquets to get the largest revenue? Round your answer to the nearest cent. c. What is the maximum revenue? Round your answer to the nearest cent.
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.S: Summary
Problem 6S
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