The total revenue R earned (in dollars) from producing a gift box of tea is given by
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R (p) = −10p2 + 800p where p is the price per box (in dollars).
(a) Find the revenues when the prices per box are $20, $25, and $30.
(b) Find the unit price that yields a maximum revenue. What is the maximum revenue? Explain your results.
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R p 10p 2 800p a R 20 12000 R 25 13750 R 30 15000 b The maxim...View the full answer
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