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We sell baby strollers. If price per stroller is p, we sell q = 300, 000 – 10p² s a function of price p.

We sell baby strollers. If price per stroller is p, we sell q = 300, 000 – 10p² s a function of price p.

Intermediate Algebra
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.CR: Review Problem Set
Problem 24CR: An outpatient operating room charges each patient a fixed amount per surgery plus an amount per...
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We sell baby strollers. If price per stroller is p, we sell q = 300, 000 – 10p? 1) Write the revenue as a function of price p. 2) Given that demand is non-negative (q must be non-negative), what are the values of p for which the revenue function makes sense? 3) Find the sales price which maximizes revenue.
Transcribed Image Text:We sell baby strollers. If price per stroller is p, we sell q = 300, 000 – 10p? 1) Write the revenue as a function of price p. 2) Given that demand is non-negative (q must be non-negative), what are the values of p for which the revenue function makes sense? 3) Find the sales price which maximizes revenue.
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