Given cost and price (demand) functions C(q) = 100g + 42,000 and p(g) = - 2.1g + 870, what is the maximum revenue that can be earned? It would be $ (Round answer to nearest cent.)

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
icon
Related questions
Question
Given cost and price (demand) functions C(q) = 100g + 42,000 and p(g) = - 2.1g + 870, what is the maximum revenue that can be earned?
It would be $.
(Round answer to nearest cent.)
Transcribed Image Text:Given cost and price (demand) functions C(q) = 100g + 42,000 and p(g) = - 2.1g + 870, what is the maximum revenue that can be earned? It would be $. (Round answer to nearest cent.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning