A store uses the expression –2p + 50 to model the number of backpacks it sells per day, where the price, p, can be anywhere from
$9 to $15. Which price gives the store the maximum amount of revenue, and what is the maximum revenue? A. $9.00 per backpack gives the maximum revenue; the maximum revenue is $32.00.
B. $12.00 per backpack gives the maximum revenue; the maximum revenue is $312.00.
C. $12.50 per backpack gives the maximum revenue; the maximum revenue is $312.50.
Your question is store uses the expression –2p + 50 to model the number of backpacks it sells per day, where the price, p, can be anywhere from $9 to $15. Which price gives the store the maximum amount of revenue, and what is the maximum revenue?
The answer is C. $12.50 per backpack gives the maximum revenue; the maximum revenue is $312.50.
