Question

The price p (in dollars) and the quantity x sold of a certain product obey the demand equation, p = -20x + 560, 0<=x<=28
What price should the company charge to maximize revenue?

Answer 1

You want a help or want a solution? ;-)
Answer is x=14 and p=280, then the revenue equal to 3920

Answer 2

well the answers are,
A. $7.00
B. $21.00
C. $16.80
D. $14.00

Answer 3

WOW, answers confused me a lot :D
wait a min ;-)

Answer 4

Them aren't the answers. lol I mean them are like the options for the answer...meaning one of them four numbers is the answer.

Answer 5

I konw :D
I'm not soooooo stupid :D
I'm a few stupid :D lol

Answer 6

if p=7, then x=27.65 O_o
if p=21, then x=26.95 o_O
if p=16.8, then x=27.16 O_O
if p=14, then x=27.3 o_o

How "the quantity x sold of a certain product" can take a rational number!!!? O_O o_O O_o
for example, I want 27.3 pencil :))))))))))) :|

Answer 7

So the answer is 14...or what?

Answer 8

I think, x cannot be a Rational Number, It should be a Natural Number :|
27.3 pencil is joking! is not?

Answer 9

how do we define revenue?