Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose that the manulacturer of a gas clothes dryer has found that, Whan the unit price is p dolars, the revenue R (in dolars) is

image text in transcribed
Suppose that the manulacturer of a gas clothes dryer has found that, Whan the unit price is p dolars, the revenue R (in dolars) is R (b) =6p2+18.000p. What uni price should be established for the dyer to maximize revenue? What is the maximum revenue? The unt price that should be establiahed to maximize revenue is : (Simplify your answer.) The maximum revenve is $ (\$implity your answer.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Uncover Lucrative Real Estate Opportunities And Leverage Off Market Deals

Authors: Benjamins K. Thompson

1st Edition

979-8867850722

More Books

Students also viewed these Finance questions

Question

Explain Coulomb's law with an example

Answered: 1 week ago

Question

What is operating system?

Answered: 1 week ago

Question

What is Ohm's law and also tell about Snell's law?

Answered: 1 week ago