The price equation is .
(a).
The revenue is .
Substitute in .
The revenue function .
(b)
The domain of the function .
Where represents the quantity.
and
and .
The domain of the function is .
(c).
Find the revenue when units are sold.
Substitute in the function .
The revenue is $.
(d).
The revenue function is in quadratic form.The revenue is maximum, when the price is
.
Where and .
units.
The Maximum revenue is substitute in the fucntion .
The maximum revenue is $.
(e).
Find the price to get the company maximum revenue.
The fucntion is .
Maximum revenue is $ and the no.of units are .
Hence the price of the company to charge the maximum revenue is .
The price is $ .
(a).
(b). The domain of the function is .
(c).$.
(d). units and The maximum revenue is $.
(e).The price is $ .
"I want to tell you that our students did well on the math exam and showed a marked improvement that, in my estimation, reflected the professional development the faculty received from you. THANK YOU!!!" June Barnett |
"Your site is amazing! It helped me get through Algebra." Charles |
"My daughter uses it to supplement her Algebra 1 school work. She finds it very helpful." Dan Pease |