Use the Maximum Revenue information above to answer this question. The revenue function R(x) has one critical number x = Question 10 Use the Maximum Revenue information above to answer this question. Since R(x) is continuous, we can determine the absolute maximum by evaluating R(x) at the endpoints and the critical number.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter7: Conic Sections And Quadratic Systems
Section7.CM: Cumulative Review Exercises
Problem 51CM
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Question
Maximum Revenue
Jester's Deli sells 640 sandwiches at a price of $8 each. A market survey
shows that for every $0.10 reduction in price, 40 more sandwiches will be
sold.
Let a represent the number of $0.10 reductions.
Transcribed Image Text:Maximum Revenue Jester's Deli sells 640 sandwiches at a price of $8 each. A market survey shows that for every $0.10 reduction in price, 40 more sandwiches will be sold. Let a represent the number of $0.10 reductions.
Use the Maximum Revenue information above to answer this question.
The revenue function R(x) has one critical number x =
Question 10
Use the Maximum Revenue information above to answer this question.
Since R(x) is continuous, we can determine the absolute maximum by
evaluating R(x) at the endpoints and the critical number.
=
After doing so, we see the maximum revenue occurs when x =
reductions.
price
Transcribed Image Text:Use the Maximum Revenue information above to answer this question. The revenue function R(x) has one critical number x = Question 10 Use the Maximum Revenue information above to answer this question. Since R(x) is continuous, we can determine the absolute maximum by evaluating R(x) at the endpoints and the critical number. = After doing so, we see the maximum revenue occurs when x = reductions. price
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