QUESTION

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Setting a Price A company that manufactures game consoles is attempting to determine the best price for their newest unit. If the price is too high, no one will buy the consoles, and the company will have no revenue. If the price is too low, the cost to manufacture the units will be greater than the selling price. After market research, the company determines that the revenue can be modeled by the function $r(x)=-2 x^{2}+42 x$, where $r(x)$ is measured in thousands of dollars and $x$ represents the number of units sold in thousands.
Part B An executive with the company believes that it is possible for revenue from console sales to be $\$ 250,000$. Do you agree or disagree? Justify your response.

Public Answer

DLIPX9 The First Answerer