The demand for a certain product is given by p = 400 - 10x where p is price in dollars and x is number of units. Find the price which maximizes the revenue for this product. OA. 200 O B. 400 O C. 300 EO D. 0 EO E. 100

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 4.59TI: The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32....
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The demand for a certain product is given by
p = 400
- 10x
where p is price in dollars and x is number of units. Find the price which maximizes the revenue for this product.
OA. 200
O B. 400
O C. 300
EO D. 0
CO E. 100
Transcribed Image Text:The demand for a certain product is given by p = 400 - 10x where p is price in dollars and x is number of units. Find the price which maximizes the revenue for this product. OA. 200 O B. 400 O C. 300 EO D. 0 CO E. 100
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