Question

A model for a company's revenue from selling a software package is R(p) = -2.5p² + 500p, where p is the price in dollars of the software. What price will maximize revenue? Find the maximum revenue.

The price $_____ maximizes the revenue.
The maximum revenue is $_____.​

Answer 1

Explanation:

A model for a company's revenue from selling a software package is

r = -2.5p (squared) + 500p, where p is the price in dollars of the software. What price will maximize revenue? Find the maximum revenue.

-----------------------

Binomial with a = -2.5 and b = 500

---

Max occurs at x = -b/2a = -500/(-5) = 100

---------------------

Max is r(100) = -2.5(100^2) + 500(100 = 25000

Answer 2

Answer:

${\purple{\underline{\boxed{ \sf{Answer}}}}}$ ⤴️

I hope this will be correct and it will help you ✨⚡