Demand for an electric fan is related to its selling price p (in dollars) by the equationn =3420 — 90рwhere n is the number of fans that can be sold per month at a price p. Find the selling price that will maximizethe revenue.The selling price that will yield the maximum revenue is $38-1/90*.

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Answered: Demand for an electric fan is related…

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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Demand for an electric fan is related to its selling price p (in dollars) by the equation n = 3420 — 90р where n is the number of fans that can be sold per month at a price p. Find the selling price that will the revenue. The selling price that will yield the maximum revenue is $|38-1/90 *.