The quantity demanded per month of an item is related to the unit price by the 45 demand equation p(x) = 0

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 41E
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The quantity demanded per month of an item is related to the unit price by the
45
demand equation p(x) =
0<x<20 where p is measured in dollars and x is
0.04x²+1
"
measured in units of a thousand. How many items must be sold by the manufacturer
to maximize its revenue?
Transcribed Image Text:The quantity demanded per month of an item is related to the unit price by the 45 demand equation p(x) = 0<x<20 where p is measured in dollars and x is 0.04x²+1 " measured in units of a thousand. How many items must be sold by the manufacturer to maximize its revenue?
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