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Mathematics 19 Online
OpenStudy (justindorsette):

1. Reducing the cost of an item can result in greater sales. The revenue function that predicts the revenue in dollars, R(x) , for each $1 change in price, x , for a particular item is R(x) = -100(x-7)^2 + 28,900. What is the maximum value of the function? What does the maximum value mean in the context of the problem?

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