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Solve the Problem pp (In Dollars) and the Quantity xx Sold of a Certain Product Obey the Demand Equation

Question 205

Multiple Choice

Solve the problem.
-The price pp (in dollars) and the quantity xx sold of a certain product obey the demand equation x=6p+120,0p20x = - 6 p + 120 , \quad 0 \leq p \leq 20 .
What quantity xx maximizes revenue? What is the maximum revenue?


A) 60;$60060 ; \$ 600
B) 90; $450\$ 450
C) 30;$45030 ; \$ 450
D) 120;$600120 ; \$ 600

Correct Answer:

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