Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in dollars) is R(p)= -5p+10,000p. What unit price should be established for the dryer to maximize revenue? What is the maximum revenue? The unit price that should be established to maximize revenue is $ (Simplify your answer.) The maximum revenue is $ (Simplify your answer.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 43E
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Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in dollars) is R(p) = -5p+10,000p. What unit price should be
established for the dryer to maximize revenue? What is the maximum revenue?
The unit price that should be established to maximize revenue is $
(Simplify your answer.)
The maximum revenue is $
(Simplify your answer.)
Transcribed Image Text:2 Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in dollars) is R(p) = -5p+10,000p. What unit price should be established for the dryer to maximize revenue? What is the maximum revenue? The unit price that should be established to maximize revenue is $ (Simplify your answer.) The maximum revenue is $ (Simplify your answer.)
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