Question 8 <> Suppose that the selling price p of an item for the quantity a sold is given by the function 1 x +34 p = 2 (a) Express the revenue R as a function of x. (R = x p) R = (b) How many items must be sold to maximize the revenu? (c) What is the maximum revenue that can be obtained from this model? $4 > Next Question

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter3: Functions
Section3.3: More On Functions; Piecewise-defined Functions
Problem 87E
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Question 8
Suppose that the selling price p of an item for the quantity x sold is given by the function
p =
-x +34
(a) Express the revenue R as à function of x. (R = x · p)
R =
(b) How many items must be sold to maximize the revenu?
(c) What is the maximum revenue that can be obtained from this model?
24
> Next Question
Transcribed Image Text:Question 8 Suppose that the selling price p of an item for the quantity x sold is given by the function p = -x +34 (a) Express the revenue R as à function of x. (R = x · p) R = (b) How many items must be sold to maximize the revenu? (c) What is the maximum revenue that can be obtained from this model? 24 > Next Question
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