determine and correctly interpret the maximum or minimum of the functions that model the following situations using valid mathematical procedures and the correct mathematical notation. Express your answer in terms of the context of the problem. The profits of a micro business selling Christmas cakes are related to the price of their product. The relationship is R(p)=-0.4p^2+64p-1000, where R is the revenue in thousands of dollars and p is the price of the product in dollars. What price would maximize revenue?

determine and correctly interpret the maximum or minimum of the functions that model the following situations using valid mathematical procedures and the correct mathematical notation. Express your answer in terms of the context of the problem.

The profits of a micro business selling Christmas cakes are related to the price of their product. The relationship is R(p)=-0.4p^2+64p-1000, where R is the revenue in thousands of dollars and p is the price of the product in dollars. What price would maximize revenue?