Question

The demand function for a particular brand of LCD TV is given by p = 2400...

The demand function for a particular brand of LCD TV is given by

p = 2400 − 30x

where p is the price per unit in dollars when x television sets are sold.

(a) Find the revenue function.
R(x) =  

  

(b) Determine the number of sets that must be sold in order to maximize the revenue.
sets

(c) What is the maximum revenue?
$  

(d) What is the price per unit when the revenue is maximized?
$  per unit

Math   Advanced-Math   
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