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anonymous
 5 years ago
using f(p)= 1800.3p^2 where p is the price in dollars and f(p) is the number of items sold. at what price will maximum revenue be generated? rounded to the nearest cent
anonymous
 5 years ago
using f(p)= 1800.3p^2 where p is the price in dollars and f(p) is the number of items sold. at what price will maximum revenue be generated? rounded to the nearest cent

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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0that's weird..i got a maximum turning point at p=0 and f(p)=180

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0I think i did it wrong, ill check

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0I got p=0 again, what's the answer though?

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0$0 just looks wrong...so i dont know

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0If something is free 180 items will be sold. Lol.

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0I just did f'(p) = 0.6p When f'(p)=0, p=0 and f(p)=180 And then i found the nature of the turning point... and it's a max but you're trying to generate max revenue? why is everything gonna be free then

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0f(p) should be revenue. As we are trying to maximize this function. p should be items sold. I think....

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0yeah that's what puzzled me...ballards are you sure you typed out the Q correctly

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0here it is again straight from the test im trying to correct

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0The demand function for a certain comodity is given by f(p)= 180  0.3p^2, where p is the price on dollars and f(p) is the number of items sold. #d) at what price will maximum revenue be generated? Round to the nearest cent

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0I think p is the price you pay to manufacture the item... so if you pay $0 then you still manage to sell 180 items and thus you generate max. revenue? Considering that you've made no loss? I don't know, ha.

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0ha ha ha thanks for trying though

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Do you have answers for it the sheet you're doing?

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0no it was a test we have to correct for partial credit

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0this is what i did and she only counted off 3 instead of 5

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0162 = 180.3p^2 180 180 18= .3p^2 /.3 /.3 60=p^2 p=7.75
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