A company that manufactures flash drives knows that the number of drives r it can sell each week is related to the price p, in dollars, of each drive by the equation r = 1400 – 100p. a. Find the price p that will bring in the maximum revenue. Remember, revenue (R) is the product of price (p) and items sold (x), in other words, R = rp. The price $ will yield the max revenue. b. Find the maximum revenue. The max revenue is $

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A company that manufactures flash drives knows that the number of drives x it can sell each week is related to the price p, in dollars, of each
drive by the equation r =
1400
100p.
a. Find the price p that will bring in the maximum revenue. Remember, revenue (R) is the product of price (p) and items sold (x), in other words,
R = rp.
The price $
will yield the max revenue.
b. Find the maximum revenue.
The max revenue is $
Get Help:
Submit
Transcribed Image Text:A company that manufactures flash drives knows that the number of drives x it can sell each week is related to the price p, in dollars, of each drive by the equation r = 1400 100p. a. Find the price p that will bring in the maximum revenue. Remember, revenue (R) is the product of price (p) and items sold (x), in other words, R = rp. The price $ will yield the max revenue. b. Find the maximum revenue. The max revenue is $ Get Help: Submit
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