Question: Back in 2 0 0 5 , the demand for monorail service in a city could be approximated by q = 4 , 5 0

Back in 2005, the demand for monorail service in a city could be approximated by
q =4,500p +45,600
rides per day when the fare was $p.
Find the function R for total daily revenue in dollars, in terms of p only, subject to any constraints.
R(p)=
Find
R(p).
R(p)=
What price (in dollars) should have been charged to maximize total daily revenue? (Round your answer to the nearest cent.)
p = $

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