Since the pandemic hit the United States, a retailer has been selling 1200 tablets each week at $425 each. The marketing department estimates that an additional 75 tablets per week will sell for every $15 the price per tablet is lowered. Use Calculus to determine the price per tablet that will maximize revenue. What is the maximum revenue?
Since the pandemic hit the United States, a retailer has been selling 1200 tablets each week at $425 each. The marketing department estimates that an additional 75 tablets per week will sell for every $15 the price per tablet is lowered. Use Calculus to determine the price per tablet that will maximize revenue. What is the maximum revenue?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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