4011608 4011608
  • 15-06-2022
  • Mathematics
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topeadeniran2 topeadeniran2
  • 18-06-2022

The number of units that will maximize revenue will be 672 units.

How to calculate the revenue?

From the given information, p = 336 - 0.5x. The revenue function will be:

= (336 - 0.5x)x

= 336x - 0.5x²

This will be equated to 0. This will be:

336x - 0.5x² = 0

0.5x² = 336x

0.5x = 336

x = 336/0.5

x = 672

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