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Solve the Problem p=−10x+240,0≤x≤24p = - 10 x + 240 , \quad 0 \leq x \leq 24

Question 248

Multiple Choice

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


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

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