The demand for monorail service in the three districts of Utarek on Mars can be approximated by q = −2p + 24 million riders per day when the fare is $p. What price should be charged to maximize total daily 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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The demand for monorail service in the three districts of Utarek on Mars can be approximated by q = −2p + 24 million riders per day when the fare is $p. What price should be charged to maximize total daily revenue?

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