A manufacturer has the following data on the variation of its prices in relation to the quantity demanded: at a unit price of $ 78.00, the quantity demanded is 1200 units. With a 36% increase in price, the quantity demanded drops to 28.08 units. To determine: a) The amount that must be needed for a recipe to be maximum, a amount received maximum and the unit price. b) Determine in which quantity sold intervals the revenue is increasing and decreasing.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A manufacturer has the following data on the variation of its prices in relation to the quantity demanded: at a unit price of $ 78.00, the quantity demanded is 1200 units. With a 36% increase in price, the quantity demanded drops to 28.08 units. To determine:

a) The amount that must be needed for a recipe to be maximum, a amount received maximum and the unit price.

b) Determine in which quantity sold intervals the revenue is increasing and decreasing.

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