Maximizing Revenue The John Deere company has foundthat the revenue, in dollars, from sales of riding mowers is afunction of the unit price p, in dollars, that it charges. If therevenue R is R1p2 = - 12 p2 + 1900p what unit price p should be charged to maximize revenue?What is the maximum revenue?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 4E
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Maximizing Revenue The John Deere company has found
that the revenue, in dollars, from sales of riding mowers is a
function of the unit price p, in dollars, that it charges. If the
revenue R is

R1p2 = - 1
2 p2 + 1900p

what unit price p should be charged to maximize revenue?
What is the maximum revenue?

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