The quantity of the demand per month of a certain accessory is related to the price (in 500 0.01x² +1 where x is pesos) per accessory as modeled by the demand function P(x)=- the number of accessories and 0≤x≤ 50. How many accessories must be sold in order for the manufacturer to realize a maximum revenue R given by R(x)=x P(x)?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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The quantity of the demand per month of a certain accessory is related to the price (in
500
pesos) per accessory as modeled by the demand function P(x) =
where x is
%3D
0.01x +1
the number of accessories and 0sx< 50. How many accessories must be sold in order
for the manufacturer to realize a maximum revenue R given by R(x)=x• P(x)?
Transcribed Image Text:The quantity of the demand per month of a certain accessory is related to the price (in 500 pesos) per accessory as modeled by the demand function P(x) = where x is %3D 0.01x +1 the number of accessories and 0sx< 50. How many accessories must be sold in order for the manufacturer to realize a maximum revenue R given by R(x)=x• P(x)?
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