Suppose that the manufacturer of a dryer has found that when the unit price is p dollars, the revenue R (in dollars) is R(p) = -5p^2 + 15,000p. a) At what prices p is revenue zero? b) For what range of prices will revenue exceed $1,750,000?
Added by Isaac J.
Step 1
Step 1: To find the prices p at which revenue is zero, we set R(p) = 0 in the given equation -5p^2 + 15000p: -5p^2 + 15000p = 0 Factor out a common factor of 5p: 5p(-p + 3000) = 0 Setting each factor to zero gives us: 5p = 0 or -p + 3000 = 0 Solving for p in each Show more…
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