For the demand equation, express the total revenue R as a function of the price p per item. q = -10p + 1000 R(p) Sketch the graph of the resulting function. ● No Solution Help -20 90000 80000 70000 60000 50000 40000 30000 20000 10000 20 40 60 80 100 120 140 160 180 200 220 240 260 280 -1.00e+4 Clear All Determine the price p (in dollars) that maximizes total revenue. W Fill WebAssign. Graphing Tool

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.CR: Review Problem Set
Problem 24CR: An outpatient operating room charges each patient a fixed amount per surgery plus an amount per...
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For the demand equation, express the total revenue R as a function of the price p per item.
q = -10p + 1000
R(p):
=
Sketch the graph of the resulting function.
No
Solution
Help
-20
90000
80000
70000
60000
50000
40000
30000
20000
10000
20 40 60 80 100 120 140 160 180 200 220 240 260 280
-1.00e+4
Clear All
Determine the price p (in dollars) that maximizes total revenue.
p = $
Fill
WebAssign. Graphing Tool
Transcribed Image Text:For the demand equation, express the total revenue R as a function of the price p per item. q = -10p + 1000 R(p): = Sketch the graph of the resulting function. No Solution Help -20 90000 80000 70000 60000 50000 40000 30000 20000 10000 20 40 60 80 100 120 140 160 180 200 220 240 260 280 -1.00e+4 Clear All Determine the price p (in dollars) that maximizes total revenue. p = $ Fill WebAssign. Graphing Tool
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