question archive The manager of a bicycle shop has found that, at a price (in dollars) of p(x) = 150 - x / 4 per bicycle, x bicycles will be sold
The manager of a bicycle shop has found that, at a price (in dollars) of p(x) = 150 - x / 4 per bicycle, x bicycles will be sold
Subject:MathPrice: Bought3
The manager of a bicycle shop has found that, at a price (in dollars) of p(x) = 150 - x / 4 per bicycle, x bicycles will be sold.
a) find a expression for the total revenue from the sale of x bicycles. (Hint: Demand X price)
b) Find the number of bicycle sales that leads to maximum revenue
c) Find the maximum revenue
