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Maximum Revenue

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The manager of a bicycle shop has found that, a a price (in dollars) of p(x) = 150 - x/4 per bicycle, x bicycles will be sold.

a.find an expression for the total revenue from the sale of x bicycles.

b.find the number of bicycle sales that leads to maximum revenue.

c.find the maximum revenue.

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Derivatives are used to maximize revenue. The solution is detailed and well presented. The response was given a rating of "5/5" by the student who originally posted the question.

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