The managers of a furniture store have compiled data showing the weekly demand for recliners at various prices. (a) In Table 11.29, fill in the revenue generated by selling the number of recliners at the corresponding price. (b) Find the quadratic function that best fits the data. (c) According to the function you found, what price should the store charge for their recliners to maximize revenue? What is the maximum revenue? Table 11.29 Recliner price ($) 399 499 599 699 799 Demand (recliners) 62 55 47 40 34 Revenue ($)

# The managers of a furniture store have compiled data

ISBN: 9781118583197
179

## Solution for problem 11.7.18 Chapter 11

Functions Modeling Change: A Preparation for Calculus | 5th Edition

- Textbook Solutions
- 2901 Step-by-step solutions solved by professors and subject experts
- Get 24/7 help from StudySoup virtual teaching assistants

Functions Modeling Change: A Preparation for Calculus | 5th Edition

Get Full Solutions
22

0

Problem 11.7.18

Step-by-Step Solution:

Step 1 of 3

Step 2 of 3

Step 3 of 3

#### Other solutions

#### People also purchased

#### Related chapters

Unlock Textbook Solution

Enter your email below to unlock your **verified solution** to:

The managers of a furniture store have compiled data