Revenue Analysis A small company manufactures and sells bicycles. The sales manager has determined that their demand function for q (q > 0) bicycles per week is ... p = 875 - 22q Find the price, p, the company should charge to realize maximum revenue. (Round your answer to 2 decimal places, if necessary) 近

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.7: Functions
Problem 56PFA
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Revenue Analysis
A small company manufactures and sells bicycles.
The sales manager has determined that their
demand function for q (q > 0) bicycles per
week is...
p = 875 - 229
Find the price, p, the company should charge
to realize maximum revenue.
(Round your answer to 2 decimal places, if necessary)
Transcribed Image Text:Revenue Analysis A small company manufactures and sells bicycles. The sales manager has determined that their demand function for q (q > 0) bicycles per week is... p = 875 - 229 Find the price, p, the company should charge to realize maximum revenue. (Round your answer to 2 decimal places, if necessary)
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