The maximum revenue generated is $160000.
Given that, the revenue function for a sporting goods company is given by R(x) = x⋅p(x) dollars where x is the number of units sold and p(x) = 400−0.25x is the unit price. And we have to find the maximum revenue. Let's proceed to solve this question.
R(x) = x⋅p(x)
And, p(x) = 400−0.25x
Put the value of p(x) in R(x), we get
R(x) = x(400−0.25x)
R(x) = 400x - 0.25x²
This is the equation for a parabola. The maximum can be found at the vertex of the parabola using the formula:
x = -b/2a from the parabolic equation ax²+bx+c where a = -0.25, b = 400 for this case.
Now, calculating the value of x, we get
x = -(400)/2×-0.25
x = 400/0.5
x = 4000/5
x = 800
The value of x comes out to be 800. Now, we will be calculating the revenue at x = 800 and it will be the maximum one.
R(800) = 400x - 0.25x²
= 400×800 - 0.25(800)²
= 320000 - 160000
= 160000
Therefore, the maximum revenue generated is $160000.
Hence, $160000 is the required answer.
Learn more in depth about revenue function problems at brainly.com/question/25623677
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Answer:
he would pay $8,293.5 in income tax.
b:
Step-by-step explanation: he pays 15.280515891294% of his pay in tax. if the income rate was increased to 21% then he would pay 9,675.75 in taxes. Which is 1,382.25 more than 18% tax.
Answer:
n = -6
Step-by-step explanation:
$15 + $32.50 + 8% = $51.30
15 + 32.50 = 47.50
8% × 47.50 = 3.80
47.50 + 3.80 = 51.30
Answer:
147
Step-by-step explanation:
2(X)= (X) x (X)
12 x 12 + 3= 144+3=147
