The quantity of the demand per month of a certain accessory is related to the price (in 500 0.01x² +1 where x is pesos) per accessory as modeled by the demand function P(x)=- the number of accessories and 0≤x≤ 50. How many accessories must be sold in order for the manufacturer to realize a maximum revenue R given by R(x)=x P(x)?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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The quantity of the demand per month of a certain accessory is related to the price (in
500
pesos) per accessory as modeled by the demand function P(x) =
where x is
%3D
0.01x +1
the number of accessories and 0sx< 50. How many accessories must be sold in order
for the manufacturer to realize a maximum revenue R given by R(x)=x• P(x)?
Transcribed Image Text:The quantity of the demand per month of a certain accessory is related to the price (in 500 pesos) per accessory as modeled by the demand function P(x) = where x is %3D 0.01x +1 the number of accessories and 0sx< 50. How many accessories must be sold in order for the manufacturer to realize a maximum revenue R given by R(x)=x• P(x)?
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