For this question I need to draw the graph and I am unsure how to go about doing

Question

For this question I need to draw the graph and I am unsure how to go about doing this problem. It is a practice question for my midterm so I'd really like to fully understand how to execute it. I will be sure to rate with a thumbs up. Thank you

For the demand equation, express the total revenue R as a function of the price p per item. HINT [See Example 3.] q--4p + 400 R(p) = Sketch the graph of the resulting function. Actions Tools 19000 18000 17000 10000 15000 14000 13000 12000 11000 10000 Clear All Delete 1920 Fill 7000 5000 No 3000 1000 Object Properties Point 1 Point 2( Solid WebAssign graphing tool Determine the price p that maximizes total revenue.

Explanation / Answer

q=-4p+400

Total revenue is defined by TR = pq

                                                  =p(-4p+400)

                                                  =400p-4p^2

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