Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in a certain city, where p(x)= 155-(x/10):
a. find an expression for the total revenue from the sale of x thousand candy bars.
b. find the value of x that leads to maximum revenue
c. find the maximum revenue

Sagot :

Parrain

The expression for the total revenue from x thousand sales is 155,000x - 100x².

The value of x is 775 cents and the maximum revenue is $60,062,500.

What is the maximum revenue?

First, come up with an expression for total revenue from x thousand sales:

= (155  - x /10 ) × x × 1,000 units

= 155,000x - 100x²

The value of x would then be:

Derive the function from the total revenue function to give:

0 = 155,000 - 200x

x = 775 cents

The maximum revenue is therefore:

= 155,000(775) - 100(775)²

= $60,062,500

Find out more on finding the maximum revenue at https://brainly.com/question/11829776.

#SPJ1

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.