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OpenStax, Intermediate Algebra 2e §9.6 Graph Quadratic Functions Using Properties · Exercise 54 · Algebra · Quadratics

Graph Quadratic Functions Using Properties · Exercise 54

Solve. Round answers to the nearest tenth.

A retailer who sells backpacks estimates that by selling them for x dollars each, he will be able to sell 100 − x backpacks a month. The quadratic function R(x) = −x^2 +100x is used to find the R, received when the selling price of a backpack is x. Find the selling price that will give him the maximum revenue, and then find the amount of the maximum revenue.

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OpenStax, Intermediate Algebra 2e · §9.6 Graph Quadratic Functions Using Properties · Exercise 54

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