A model for a company's revenue is R = -12p2 + 240p + 10,000, where "p" is the price in dollars of the company's product. Find the maximum revenue.

Maximum revenue is 11200 at price p=10.

Step-by-step explanation:

If a quadratic function is defined by and a<0, then it is maximum at .

The revenue model of a company is

Here, .

So,

It means, revenue is maximum at price 10.

Substitute p=10 in the revenue function.

Therefore, maximum revenue is 11200 at price p=10.