In the following exercises, solve. Round answers to the nearest tenth. 206. A retailer who sells backpacks estimates that, by selling them for x dollars each, he will be able to sell 100 − x backpacks a month. The quadratic equation R = − x 2 + 100 x is used to find the R received when the selling price of a backpack is x . Find the selling price that will give him the maximum revenue, and then find the amount of the maximum revenue.
In the following exercises, solve. Round answers to the nearest tenth. 206. A retailer who sells backpacks estimates that, by selling them for x dollars each, he will be able to sell 100 − x backpacks a month. The quadratic equation R = − x 2 + 100 x is used to find the R received when the selling price of a backpack is x . Find the selling price that will give him the maximum revenue, and then find the amount of the maximum revenue.
In the following exercises, solve. Round answers to the nearest tenth.
206. A retailer who sells backpacks estimates that, by selling them for x dollars each, he will be able to sell
100
−
x
backpacks a month. The quadratic equation
R
=
−
x
2
+
100
x
is used to find the R received when the selling price of a backpack is x. Find the selling price that will give him the maximum revenue, and then find the amount of the maximum revenue.
Formula Formula A polynomial with degree 2 is called a quadratic polynomial. A quadratic equation can be simplified to the standard form: ax² + bx + c = 0 Where, a ≠ 0. A, b, c are coefficients. c is also called "constant". 'x' is the unknown quantity
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