BoxedNGone truck rentals calculates that its price function is p(x) = 200 − 2x, where p is the price (in dollars) at which exactly x trucks will be rented per day. Find the number of trucks that BoxedNGone should rent and the price it should charge to maximize revenue. Also find the maximum revenue.

At Maximum point;

x(max) = 50

p(max) = $100

Maximum revenue = $5,000

Step-by-step explanation:

The price function is;

p(x) = 200 − 2x

where

p is the price (in dollars) at which exactly x trucks will be rented per day.

The revenue function R(x) can be written as;

R(x) = p(x) × x

Substituting p(x) equation;

R(x) = (200-2x)x

R(x) = 200x-2x^2 1

To maximize R(x), at maximum point dR/dx = 0

differentiating equation 1;

dR/dx = 200 - 4x = 0

4x = 200

x = 200/4

x = 50

Substituting x = 50 into p(x)

p(50) = 200 - 2(50) = $100

p = $100

Maximum revenue is;

R = p × x = $100×50

R = $5,000

option 1

data plot with   3 dots over 33, 1 dot over 34, 2 dots over 35, no dot over 36, 1 dot over 37, 2 dots over 38, 4 dots over 39, and 2 dot over 40.

answer: x=3 and y=4

step-by-step explanation: