5. A store sells 30 frames every week at P200 each. The manager realized that if he were to increase the price of each frame by P10, he would sell 4 less frame per week. If this pattern continues for each P10 price hike, find the price that would maximize the revenue for the store. Also, what would be the new revenue?

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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5. A store sells 30 frames every week at P200 each. The manager realized that if he were
to increase the price of each frame by P10, he would sell 4 less frame per week. If this
pattern continues for each P10 price hike, find the price that would maximize the
revenue for the store. Also, what would be the new revenue?
Transcribed Image Text:5. A store sells 30 frames every week at P200 each. The manager realized that if he were to increase the price of each frame by P10, he would sell 4 less frame per week. If this pattern continues for each P10 price hike, find the price that would maximize the revenue for the store. Also, what would be the new revenue?
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