Write a 250 – 400 word essay (about 3 – 4 paragraphs) explaining how to solve the following problem:
The John Deere Company has found that the revenue from sales of heavy-duty tractors is a function of the unit price p that it charges. If the revenue R is R(p) = – 0.5p2 + 1900p , what unit price p should be charged to maximize revenue? What is the maximum revenue? What recommendations would you give the John Deere Company?
Pretend you are explaining this to someone who has not taken a math class in several years. Be sure to include the following in your explanation: