Given cost and price (demand) functions C(q) = 120q+ 43,000 and p(q) = - 2.1q + 890, what price maximizes revenue? It would be $ per item. (Round answer to two decimal places.)
Given cost and price (demand) functions C(q) = 120q+ 43,000 and p(q) = - 2.1q + 890, what price maximizes revenue? It would be $ per item. (Round answer to two decimal places.)
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...
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