The revenue R received for selling x stereos is given by the
The revenue R received for selling x stereos is given by the formula R=x^2/ 3 +100x-800
How many stereos must be sold to obtain the maximum revenue?
Find the maximum revenue.
Solution
Revenue is a quadratic equation and quadratic form parabola
Since the leading coefficient is positive so parabola opens upward and there exist a minimum revenue at the vertex and maximum revenue can be infinite
