A small company manufactures radios. When it charges $20 for radio, it sells 500 radios per month. For each dollar the prices increased, 10 fewer radios are sold per month. What should the company charge for a radio in order to maximize its monthly revenue?

A small company manufactures radios. When it charges $20 for radio, it sells 500 radios per month. For each dollar the prices increased, 10 fewer radios are sold per month. What should the company charge for a radio in order to maximize its monthly revenue?

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.CR: Review Problem Set

Problem 50CR

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