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The demand equation is \"\".

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\"\" is the price in dollars.

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\"\" is the quantity sold of a certain product.

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Solve \"\" for \"\".

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\"\".

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(a)

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The revenue \"\".

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Substitute \"\" in \"\".

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\"\"

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Revenue \"\".

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(b)

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The quantity sold of a certain product \"\".

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Revenue \"\".

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\"\"

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The revenue if \"\" units are sold is\"\".

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(c)

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The function \"\" is a quadratic function.

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Compare the function with standard form of a quadratic function.

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\"\".

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Since \"\", the vertex is the maximum point on the parabola.

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The revenue \"\" is a maximum when the quantity sold of a certain product \"\" is \"\".

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\"\"

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Maximum revenue :

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\"\"

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Maximum revenue is\"\"

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(d)

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The price \"\".

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Maximum revenue is\"\" at \"\".

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At \"\", the company charge to maximum price.

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The maximum price,

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\"\"

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\"\" should the company charge to maximize the revenue.

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(e)

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Graph \"\" and \"\" are on the same Cartesian plane.

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Find where the graphs intersects.

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\"\"

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The graph is shown below :

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\"\"

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The graphs intersect at \"\" and \"\"

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From the graph the company should charge between \"\" to earn at least \"\"

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in revenue.

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(a) Revenue \"\".

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(b) The revenue if \"\" units are sold is\"\".

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(c) The maximum quantity is \"\" and maximum revenue is\"\"

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(d) \"\" should the company charge to maximize the revenue.

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(e) The company should charge between \"\" to earn at least \"\"

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in revenue.