74. Maximizing revenue A sales analyst determines that the revenue from sales of fruit smoothies is given by R(x) = -60 x² +300 x, where x is the price in dollars charged per item, for 0≤x≤5. a. Find the critical points of the revenue function. b. Determine the absolute maximum value of the revenue function and give the price that maximizes the revenue.

74. Maximizing revenue A sales analyst determines that the revenue from sales of fruit smoothies is given by R(x) = -60 x² +300 x, where x is the price in dollars charged per item, for 0≤x≤5. a. Find the critical points of the revenue function. b. Determine the absolute maximum value of the revenue function and give the price that maximizes the revenue.

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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