A public golf course has about 100 golfers per day and charges each golfer $15 to play.
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A public golf course has about 100 golfers per day and charges each golfer $15 to play. The golf course owner predicts that there will be 10 more golfers each day for every $1 reduction in the price per golfer. The daily revenue, f(x) can be described by the quadratic function f(x) = −10x2 + 50x + 1500, where x represents the daily price reduction.
What is the maximum daily revenue?
Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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