Maximum Revenue When a wholesaler sold a product at $40 per unit, sales were 180 units per week. After a price increase of $5, however, the average number of units sold dropped to 165 per week. Assuming that the demand funct what price per unit will yield a maximum total revenue?

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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CAL10 3.5.021.
MY NOTES
ASK YOUR TEACHER
PRACT
Maximum Revenue When a wholesaler sold a product at $40 per unit, sales were 180 units per week. After a price increase of $5, however, the average number of units sold dropped to 165 per week. Assuming that the demand funct
what price per unit will yield a maximum total revenue?
Transcribed Image Text:CAL10 3.5.021. MY NOTES ASK YOUR TEACHER PRACT Maximum Revenue When a wholesaler sold a product at $40 per unit, sales were 180 units per week. After a price increase of $5, however, the average number of units sold dropped to 165 per week. Assuming that the demand funct what price per unit will yield a maximum total revenue?
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