Question:

Suppose that the manufacturer of a gas clothes dryer has

Last updated: 7/12/2022

Suppose that the manufacturer of a gas clothes dryer has

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) = -4p² +12,000p. 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 $ 1500 (Simplify your answer.)