The total revenue R earned (in thousands of dollars) from manufacturing handheld video games is given by R(p) = -25p² + 1500p, where p is the price per unit (in dollars). (a) Find the revenues when the prices per unit are $20, $25, and $30. R($20) $ thousand R($25) $ thousand R($30) $ thousand (b) Find the unit price that yields a maximum revenue. $ per unit What is the maximum revenue? $ thousand

Mathematics For Machine Technology
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ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter44: Solution Of Equations By The Subtraction, Addition, And Division Principles Of Equality
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The total revenue R earned (in thousands of dollars) from manufacturing handheld video games is given by R(p) = -25p² + 1500p, where p is the price per unit (in dollars).
(a) Find the revenues when the prices per unit are $20, $25, and $30.
R($20)
$
thousand
R($25) $
thousand
R($30) $
thousand
(b) Find the unit price that yields a maximum revenue.
$
per unit
What is the maximum revenue?
$
thousand
Transcribed Image Text:The total revenue R earned (in thousands of dollars) from manufacturing handheld video games is given by R(p) = -25p² + 1500p, where p is the price per unit (in dollars). (a) Find the revenues when the prices per unit are $20, $25, and $30. R($20) $ thousand R($25) $ thousand R($30) $ thousand (b) Find the unit price that yields a maximum revenue. $ per unit What is the maximum revenue? $ thousand
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