The annual total revenue for a product is given by R(x) = 28,000x-4x dollars, where x is the number of units sold. To maximize revenue, how many units must be sold? What is the maximum possible annual revenue? To maximize revenue, units must be sold. (Simplify your answer.) The maximum possible annual revenue is $. (Simplify your answer.)
The annual total revenue for a product is given by R(x) = 28,000x-4x dollars, where x is the number of units sold. To maximize revenue, how many units must be sold? What is the maximum possible annual revenue? To maximize revenue, units must be sold. (Simplify your answer.) The maximum possible annual revenue is $. (Simplify your answer.)
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.9: Modeling With Equations
Problem 23E
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