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Answer: ASet 6: Quadratic Equations (Intermediate)
Explanation
A company's revenue is related to price by . What price maximizes revenue?
A.✓ Correct
$50
B.
$100
C.
$40
D.
$25
Detailed Explanation
Choice A is correct. Choice A is the correct answer. Maximize the quadratic function by finding the vertex. 1. . 2. . 3. The optimal price is $50. Choice B is incorrect. Choice C is incorrect. Choice D is incorrect.
Key Steps:
•
The correct answer is $50
Why others are wrong:
B: Choice B is incorrect and may result from a calculation error.
C: Choice C is incorrect and may result from a calculation error.
D: Choice D is incorrect and may result from a calculation error.
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