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Mathematics 21 Online
OpenStudy (anonymous):

Me & my classmate really need help on this question: The John Deere company has found that the revenue from sales of heavy-duty tractors is a function of the unit price p that it charges. The revenue R is given by the following function. R(p)= (-1/2)p^2+1520p What unit price p should be charged to maximize revenue? Give your answer correct to the nearest dollar.

OpenStudy (anonymous):

max at \[\frac{-b}{2a}\] in this case you get \[\frac{1520}{1}=1520\]

OpenStudy (anonymous):

Also, What is the maximum revenue? Give your answer correct to the nearest dollar

OpenStudy (anonymous):

plug 1520 into the revenue function

OpenStudy (anonymous):

ohh ok thanks

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