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Mathematics
Problem
The revenue (in rupees) earned from selling a product at price Rs
p
p
p
is given by
R
(
p
)
=
800
p
−
20
p
2
R(p)=800p-20p^{2}
R
(
p
)
=
800
p
−
20
p
2
for
p
≥
0
p\ge 0
p
≥
0
. (i) Determine the price that yields the maximum revenue. (ii) Show that the revenue at this price is a maximum.
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