This topic explores quadratic equation word problems centered on optimizing revenue for varying sales and price scenarios. It focuses on calculating maximum possible revenue when the price of an item increases and each increment results in fewer units sold. Each question sets a different initial sales figure and price, with the challenge of determining the revenue after price adjustments, using given multiple-choice answers with specific revenue values. This involves understanding the impact of price elasticity on sales and using quadratic models to predict and maximize revenue outcomes.
Work on practice problems directly here, or download the printable pdf worksheet to practice offline.
moreEarned ?