29. RETAIL SALES A T-shirt shop carries two In Exercises 29 through 35, assume that the required extreme value is a relative extremum. 29. RETAIL SALES A T-shirt shop carries two competing shirts, one endorsed by Tim Duncan and the other by LeBron James. The owner of the store can obtain both types at a cost of $2 per shirt and estimates that if Duncan shirts are sold
29. RETAIL SALES A T-shirt shop carries two In Exercises 29 through 35, assume that the required extreme value is a relative extremum. 29. RETAIL SALES A T-shirt shop carries two competing shirts, one endorsed by Tim Duncan and the other by LeBron James. The owner of the store can obtain both types at a cost of $2 per shirt and estimates that if Duncan shirts are sold
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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How do you solve problem 29? Show the steps clearly.

Transcribed Image Text:In Exercises 29 through 35, assume that the required
extreme value is a relative extremum.
29. RETAIL SALES
A T-shirt shop carries two
competing shirts, one endorsed by Tim Duncan
and the other by LeBron James. The owner of the
store can obtain both types at a cost of $2 per
shirt and estimates that if Duncan shirts are sold

Transcribed Image Text:for x dollars apiece and James shirts for y dollars
apiece, consumers will buy 40 50x +40y
Duncan shirts and 20 + 60x-70y James shirts
each day. How should the owner price the shirts
to generate the largest possible profit?
30
PRICINC
ning
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