Schultz Valdez
06/03/2023 · High School
The manager of a hardware store sells batteries for \( \$ 5 \) a package. She wants to see how much money she will earn if she increases the price in \( 10 \notin \) increments. A model of the price change is the revenue function \( R(x)=-x^{2}+10 x+3000 \), where \( x \) is the number of \( 10 \notin \) increments and \( R(x) \) is in dollars. Explain how to determine the maximum revenue.
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To find the maximum revenue, calculate the vertex of the quadratic function \( R(x) = -x^2 + 10x + 3000 \). The maximum revenue is \( \$3025 \) when the price is increased by 5 increments.
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