Suppose that the selling price p of an item for the quantity x sold is given by the function 1 -x + 36 10 Ca) Express the revenue R as a function of x. ( R = x·p) R = %3D b) How many items must be sold to maximize the revenu? (c) What is the maximum revenue that can be obtained from this model?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.1: Concept Of A Function
Problem 99PS
icon
Related questions
Question
Suppose that the selling pricep of an item for the
quantity x sold is given by the function
1
-x + 36
10
p =
-
(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?
x =
(c) What is the maximum revenue that can be
obtained from this model?
$
Transcribed Image Text:Suppose that the selling pricep of an item for the quantity x sold is given by the function 1 -x + 36 10 p = - (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? x = (c) What is the maximum revenue that can be obtained from this model? $
Expert Solution
Step 1

Topic:- algebra

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell