A model for a company's revenue from selling a software package is R(p) = - 2.5p + 600p, where p is the price in dollars of the software. What price will maximize revenue? Find the maximum revenue. The price $ maximizes the revenue. (Simplify your answer.) The maximum revenue is $ (Simplify your answer.)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 75E: Flat-screen television sets A wholesaler of appliance finds that she can sell (1200x) flat-screen...
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A model for a company's revenue from selling a software package is R(p) = - 2.5p + 600p, where p is the price in dollars of the software. What price will maximize revenue? Find the maximum revenue.
The price $ maximizes the revenue.
(Simplify your answer.)
The maximum revenue is $
(Simplify your answer.)
Transcribed Image Text:A model for a company's revenue from selling a software package is R(p) = - 2.5p + 600p, where p is the price in dollars of the software. What price will maximize revenue? Find the maximum revenue. The price $ maximizes the revenue. (Simplify your answer.) The maximum revenue is $ (Simplify your answer.)
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