A company fnds that if they price their product at 85 dollars, then they can sell 315 items of it. For every dollar increase in the price, the number of items sold will decrease by 3. What is the maximal income possible? What price should the company set to achieve this maximal income? dollars dollars
A company fnds that if they price their product at 85 dollars, then they can sell 315 items of it. For every dollar increase in the price, the number of items sold will decrease by 3. What is the maximal income possible? What price should the company set to achieve this maximal income? dollars dollars
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter3: Polynomial And Rational Functions
Section3.1: Quadratic Functions And Models
Problem 58E: Agriculture At a certain vineyard it is found that each grape vine produces about 10 lb of grapes in...
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