The total revenue R earned (in thousands of dollars) from manufacturing handheld video games is given by R(p) = −25p2 + 1600p where p is the price per unit (in dollars). (a) Find the revenues when the price per unit is $20, $25, and $30. R($20)      $  thousand R($25)      $  thousand R($30)     $  thousand (b) Find the unit price that will yield a maximum revenue. $  per unit What is the maximum revenue? $  thousand Explain your results.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter9: Quadratic Functions And Equations
Section9.7: Solving Systems Of Linear And Quadratic Equations
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The total revenue R earned (in thousands of dollars) from manufacturing handheld video games is given by

R(p) = −25p2 + 1600p

where p is the price per unit (in dollars).

(a) Find the revenues when the price per unit is $20, $25, and $30.
R($20)      $  thousand
R($25)      $  thousand
R($30)     $  thousand

(b) Find the unit price that will yield a maximum revenue.
$  per unit

What is the maximum revenue?
$  thousand

Explain your results.
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