The John Deere company has found that the revenue from sales of heavy-duty tractors is a function of the unit price p that it charges. The revenue R is given by the following function.
R(p)= (-1/2)p^2+1520p
What unit price p should be charged to maximize revenue? Give your answer correct to the nearest dollar. ...?
Well what you need to have in mind is that when we use this data like this: −b/2a in this case you get
1520 / 1=1520 Then what you need to do is plug 1520 into the revenue function which is R(p)= (-1/2)p^2+1520p With that you will get to the answer. I hope this can help you through
