Demand for the latest best-seller at OHaganBooks.com, A River Burns through It, is given byq = -p2 + 36p + 8 (18 < p < 28)copies sold per week when the price is p dollars. What price should the company charge to obtain the largest revenue? (Round your answer to the nearest cent.)p = $%3D

This question can be solved using the concept of absolute maximum.

Answered: Demand for the latest best-seller at…

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

ChapterP: Prerequisites

SectionP.9: Modeling With Equations

Problem 24E

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Demand for the latest best-seller at OHaganBooks.com, A River Burns through It, is given by q = -p2 + 36p + 8 (18 < p < 28) copies sold per week when the price is p dollars. What price should the company charge to obtain the largest revenue? (Round your answer to the nearest cent.) p = $