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

Question 92

Multiple Choice

Solve the problem.
-The price pp (in dollars) and the quantity xx sold of a certain product obey the demand equation
p=10x+240,0x24p = - 10 x + 240 , \quad 0 \leq x \leq 24 \text {. }
What price should the company charge to maximize revenue?


A) \$6
B) $18\$ 18
C) $14.4\$ 14.4
D) $12\$ 12

Correct Answer:

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