precalculus questions

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MaxRevPLOFall2016finalvesion111.docx

Program Level Assessment Fall 2016

Job opportunity surveys have consistently shown a high demand for those who can use mathematics to model complex processes and make informed predictions of the future. A student should be able to demonstrate his or her level of sophistication with respect to the key, in-demand skills of communication, quantitative literacy, and critical thinking.

Assignment: Determine the maximum revenue for the given companies.

Maximizing Revenue ---- Part I

The marketing department at Gadgets Galore has found that when certain iPods are sold at a price of p dollars per unit, the revenue R (in dollars) as a function of the price p can be demonstrated by the function given in the graph below.

Use the above graph to answer the questions stated in Part I of the Response Sheet.

The Response Sheet was posted with this document.