Question

R(p)=1200p=25p^2. Find the unit price that will yield maximum revenue. What is the maximum revenue?

Answer 1

i think it should be
R(p)=1200+25^2 ???

Answer 2

helloooo @yoitsren waiting for u to rplyyyy buddy

Answer 3

sorry, I was away for awhile! I wrote the equation the way it was written in my assignment

Answer 4

r(p)=1200p
it means it can generate infinite amount of revenue

Answer 5

1200p=25p^2
1200p/25=p^2
48p=p^2
p^2-48p=0
differentiate it
2p-48=0
p=48/2=24
p=24

Answer 6

at this value revenue will be max