A small company markets a new toy. The function S = -64p^2 + 1600p predicts the total sales S in dollars as a function of the price p of the toy. What price will produce the highest total sales? A. $64.00 B. $25.00 C. $12.50 D. $8.00
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Since the function is a quadratic with a negative leading coefficient (-64), it will have a maximum value. Show more…
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