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5.1 Exercise 91

Avg difficulty 2.5

Suppose that the price per unit in dollars of a cell phone production is modeled by p=$45−0.0125x, p = \$ 45 - 0.0125 x , where x x is in thousands of phones produced, and the revenue represented by thousands of dollars is R=x⋅p. R = x \cdot p . Find the production level that will maximize revenue.

OpenStax Algebra and Trigonometry 2e, 5.1 Quadratic Functions, exercise 91

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Adapted from College Algebra © 2021 Rice University. Licensed under CC BY 4.0. Sources: College Algebra 2e, Algebra and Trigonometry 2e, Precalculus 2e, College Algebra with Corequisite Support 2e. Imported at revision 4922e46.