Revenue The Better Baby Buggy Co. has just come out with a new model, the Turbo. The market research department predicts that the demand equation for Turbos is given by q = -4p + 520,where q is the number of buggies the company can sell in a month if the price is $p per buggy. At what price (in dollars) should it sell the buggies to get the largest revenue?p = $What is the largest monthly revenue (in dollars)?

Answered: Image /qna-images/answer/da43615f-1901-4288-923a-10d260f6ad37.jpg

Answered: Revenue The Better Baby Buggy Co. has…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter9: Quadratic Functions And Equations

Section9.7: Solving Systems Of Linear And Quadratic Equations

Problem 3GP

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Similar questions

Demand equations The number of photo scanners that consumers buy depends on price. The higher the price, the fewer photo scanners people will buy. The equation that relates price to the number of photo scanners sold at that price is called a demand equation. If the demand for a photo scanner is P=110q+170, where p is the price and q is the number of photo scanners sold at that price, how many photo scanners will be sold at a price of 150?
The manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The manufacturer also has fixed costs each month of $6500. (a) Find the cost function C when x bottles are manufactured. (b) Find the revenue function R when x bottles are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The manufacturer also has fixed costs each month of $8,000. (a) Find the cost function C when x energy drinks aremanufactured. (b) Find the revenue function R when x drinks are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the breakeven point means.
The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170. The manufacturer also has fixed costs each month of $150,000. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
The Federal Helium Reserve held about 16 billioncubic feet of helium in 2010 and is being depleted byabout 2.1 billion cubic feet each year. a. Give a linear equation for the remaining federalhelium reserves, R, in terms of t, the number of years since 2010. b. In 2015, what will the helium reserves be? c. If the rate of depletion doesn’t change, in what year will the Federal Helium Reserve be depleted?
Flat-screen television sets A wholesaler of appliance finds that she can sell (1200x) flat-screen television sets each week when the price is x dollars. What price will maximize revenue?
Sales A soft-drink vendor at a popular beach analyzes his sales records and find that if he sells x cans of soda pop in one day, his profit (in dollars) is given by P(x)=0.001x2+3x1800 What is his maximum profit per day, and how many cans must he sell for maximum profit?

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