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The price p and the quantity x sold of a certain product obey the demand equation below. х%3D — Зр + 66, 0sp$22 (a) Express the revenue R as a function of x. (b) What is the revenue if 60 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue? (e) What price should the company charge to earn at least $216 in revenue? (a) R(x) = %3D (b) The revenue if 60 units are sold is (Simplify your answer.) (c) The quantity units maximizes revenue. (Simplify your answer.) The maximum revenue is $ (Simplify your answer.) (d) The company should charge $ (Simplify your answer.) to maximize revenue. (e) The company should charge at least $ to at most $ to earn at least $216 in revenue.

The price p and the quantity x sold of a certain product obey the demand equation below. х%3D — Зр + 66, 0sp$22 (a) Express the revenue R as a function of x. (b) What is the revenue if 60 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue? (e) What price should the company charge to earn at least $216 in revenue? (a) R(x) = %3D (b) The revenue if 60 units are sold is (Simplify your answer.) (c) The quantity units maximizes revenue. (Simplify your answer.) The maximum revenue is $ (Simplify your answer.) (d) The company should charge $ (Simplify your answer.) to maximize revenue. (e) The company should charge at least $ to at most $ to earn at least $216 in revenue.

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 60E
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The price p and the quantity x sold of a certain product obey the demand equation below. х%3D — Зр + 66, 0sp$22 (a) Express the revenue R as a function of x. (b) What is the revenue if 60 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue? (e) What price should the company charge to earn at least $216 in revenue? (a) R(x) = %3D (b) The revenue if 60 units are sold is (Simplify your answer.) (c) The quantity units maximizes revenue. (Simplify your answer.) The maximum revenue is $ (Simplify your answer.) (d) The company should charge $ (Simplify your answer.) to maximize revenue. (e) The company should charge at least $ to at most $ to earn at least $216 in revenue.
Transcribed Image Text:The price p and the quantity x sold of a certain product obey the demand equation below. х%3D — Зр + 66, 0sp$22 (a) Express the revenue R as a function of x. (b) What is the revenue if 60 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue? (e) What price should the company charge to earn at least $216 in revenue? (a) R(x) = %3D (b) The revenue if 60 units are sold is (Simplify your answer.) (c) The quantity units maximizes revenue. (Simplify your answer.) The maximum revenue is $ (Simplify your answer.) (d) The company should charge $ (Simplify your answer.) to maximize revenue. (e) The company should charge at least $ to at most $ to earn at least $216 in revenue.
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