Demand for an electric fan is related to its selling price p (in dollars) by the equation n = 3040 – 80p where n is the number of fans that can be sold per month at a price p. Find the selling price that will maximi= the revenue. The selling price that will yield the maximum revenue is $

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter5: Polynomial And Rational Functions
Section5.1: Quardratic Functions
Problem 74SE: A soccer stadium holds 62,000 spectators. With aticket price of$11, the average attendance has...
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Demand for an electric fan is related to its selling price p (in dollars) by the equation
3040 – 80p
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 $
Transcribed Image Text:Demand for an electric fan is related to its selling price p (in dollars) by the equation 3040 – 80p 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 $
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