Question

The total revenue, R, earned from producing a gift box of candles is given by R(p)= -10p^2+800p where p is the price per unit. Find the unit price that will yield the maximum revenue.

Answer 1

Do you know how to find the vertex of a quadratic?

Answer 2

yes

Answer 3

Alright, do it and tell me whatcha got.

Answer 4

the equation has a maximum value of 16,000 when x=40

Answer 5

That's right, to be more accurate use original variables

maximum revenue of 16,000 when p=40.

so 40 is your answer

Answer 6

thank you for your help!

Answer 7

You're welcome