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Graph Each Quadratic Function R=12p2+1900pR = -\frac12p^2 + 1900p , What Unit Price P Should Be Charged to Maximize

Question 120

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Graph each quadratic function. Label the vertex and any intercepts.
-A trailer company has found that the revenue from sales of heavy-duty truck trailers is a function of the price, p, it charges. If the revenue R is R=12p2+1900pR = -\frac12p^2 + 1900p , what unit price p should be charged to maximize revenue? What is the maximum revenue?

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