Demand for an electric fan is related to its selling price p (in dollars) by the equation n = 1800 – 60p where n is the number of fans that can be sold per month at a price p. Find the selling price that will maximize the revenue. The selling price that will yield the maximum revenue is $ *. TIP Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Enter DNE for Does Not Exist, oo for Infinity

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 4.60TI: The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170....
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Demand for an electric fan is related to its selling price p (in dollars) by the equation
n = 1800 – 60p
where n is the number of fans that can be sold per month at a price p. Find the selling price that will maximize the
revenue.
The selling price that will yield the maximum revenue is $
*.
TIP
Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Transcribed Image Text:Demand for an electric fan is related to its selling price p (in dollars) by the equation n = 1800 – 60p where n is the number of fans that can be sold per month at a price p. Find the selling price that will maximize the revenue. The selling price that will yield the maximum revenue is $ *. TIP Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Enter DNE for Does Not Exist, oo for Infinity
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