Max revenue possible?

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Max revenue possible?

Postby tl1197 on Tue May 06, 2014 8:17 pm

A company sells blenders. The price-demand function for blenders is p(x)=5-.2x, where x is the number of blenders being sold. Revenue function is R(x)=x(p(x)). What is the maximum revenue possible?

I understand how to get the equation to -.2x(x^2+25x) but I get lost after this. Please help me!!!!
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Re: Max revenue possible?

Postby theshadow on Wed May 07, 2014 1:22 pm

tl1197 wrote:A company sells blenders. The price-demand function for blenders is p(x)=5-.2x, where x is the number of blenders being sold. Revenue function is R(x)=x(p(x)). What is the maximum revenue possible?

I understand how to get the equation to -.2x(x^2+25x) but I get lost after this. Please help me!!!!

What "equation" are you "getting to" "-.2x(x^2+25x)"? How did you "get" it there? :confused:
theshadow
 
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