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kirill [66]
3 years ago
6

Please help with this question

Mathematics
1 answer:
posledela3 years ago
6 0

Answer:

The maximum revenue will be R=\$25,000 at price p=\$100.

Step-by-step explanation:

Given:

R=-2.5p^2+500p

Find the vertex of the parabola represented by given equation:

p_v=\dfrac{-b}{2a}=\dfrac{-500}{2\cdot (-2.5)}=\dfrac{500}{5}=100

When p=\$100, then

R=-2.5\cdot 100^2+500\cdot 100=-2.5\cdot 10,000+50,000=-25,000+50,000=25,000

The maximum revenue will be R=\$25,000 at price p=\$100.

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