Homework Help: math

Posted by Renee on Wednesday, November 14, 2012 at 11:20pm.

The quantity demanded each month of the Sicard wristwatch is related to the unit price given by the equation below, where p is measured in dollars and x is measured in units of a thousand. To yield a maximum revenue, how many watches must be sold? (Round your answer to the nearest whole number.)

P=41/0.01X^2+1 (0(less than or equal to)x(less than or equal to)20)

? watches

math - Steve, Thursday, November 15, 2012 at 12:01am
since P(x) is a decreasing function, maximum value is attained at the minimum x in the domain: 0.

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