The demand curve for a product is given product.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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The demand curve for a product is given by q = 800 - 5p², where p is the price. Find the price that maximizes revenue for sales of this
product.
Round your answer to two decimal places.
To maximize revenue, the price of the product should be $i
3
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Transcribed Image Text:how Attempt History Current Attempt in Progress The demand curve for a product is given by q = 800 - 5p², where p is the price. Find the price that maximizes revenue for sales of this product. Round your answer to two decimal places. To maximize revenue, the price of the product should be $i 3 eTextbook and Media Hint Save for Later 26°F Clear Attempts: 3 of 5 used нова Assistance Used M Submit Answer 4
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