Homework Help: pre-calculus

Posted by kikie on Tuesday, January 29, 2013 at 10:51pm.

Suppose the function p= -1/8 x + 100
(0 =< x =<12) relates the selling
price p of an item to the quantity x
that is sold. Assume that p is in
dollars. What is the maximum
revenue possible in this situation?

pre-calculus - Reiny, Tuesday, January 29, 2013 at 11:33pm
revenue is basically selling price - cost price , ignoring some other factors

I see an equation for the selling price, but no information about the cost.

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