The revenue, in dollars, from selling a certain product is modeled by
R(p)=−2(p−40)2+3200,
where p is the selling price, in dollars, of the product. According to the model, what price maximizes the revenue?
The revenue, in dollars, from selling a certain product is modeled by
where p is the selling price, in dollars, of the product. According to the model, what price maximizes the revenue?