How to find maximum revenue of a quadratic equation?
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Find the first derivative of the revenue function. ...Set the derivative equal to 0. ...Solve for the number of items at the 0 value. ...Calculate the maximum price. ...Combine the results to calculate maximum revenue. ...Summarize the results.
Find the first derivative of the revenue function. ...Set the derivative equal to 0. ...Solve for the number of items at the 0 value. ...Calculate the maximum price. ...Combine the results to calculate maximum revenue. ...Summarize the results.
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