A 1313‑billion‑bushel corn crop brings a price of $2.2/bushel. A commodity broker uses the following rule of thumb: If the crop is reduced by x percent, then the price increases by 10x cents. Which crop size results in maximum revenue and what is the price per bushel? Revenue is equal to price times crop size.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 106E
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A 1313‑billion‑bushel corn crop brings a price of $2.2/bushel. A commodity broker uses the following rule of thumb: If the crop is reduced by x percent, then the price increases by 10x cents. Which crop size results in maximum revenue and what is the price per bushel? Revenue is equal to price times crop size.

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