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Solve the Problem R(p)=5p2+1590pR ( p ) = - 5 p ^ { 2 } + 1590 p

Question 8

Multiple Choice

Solve the problem.
-The manufacturer of a CD player has found that the revenue R (in dollars) is R(p) =5p2+1590pR ( p ) = - 5 p ^ { 2 } + 1590 p when the unit price is p dollars. If the manufacturer sets the price p to maximize revenue, what is the maximum revenue to the nearest whole dollar?


A) $252,810
B) $1,011,240
C) $505,620
D) $126,405

Correct Answer:

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