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OpenStax, Intermediate Algebra 2e §9.6 Graph Quadratic Functions Using Properties · Exercise 56 · Algebra · Quadratics

Graph Quadratic Functions Using Properties · Exercise 56

Solve. Round answers to the nearest tenth.

A cell phone company estimates that by charging x dollars each for a certain cell phone, they can sell 8 − x cell phones per day. Use the quadratic function R(x) = −x^2 +8x to find the revenue received per day when the selling price of a cell phone is x. Find the selling price that will give them the maximum revenue per day, 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 56

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