Rahj owns a hardware store. For every increase of 10¢ in the price of a package of batteries, he estimates that sales decrease by 10 packages per day. The store normally sells 700 packages of batteries per day, at $5.00 per package. a) Determine an equation for the revenue, J, when x packages of batteries are sold. b) What is the maximum daily revenue that Rahj can expect from battery sales? c) How many packages of batteries are sold when the revenue is at a maximum?
Rahj owns a hardware store. For every increase of 10¢ in the price of a package of batteries, he estimates that sales decrease by 10 packages per day. The store normally sells 700 packages of batteries per day, at $5.00 per package. a) Determine an equation for the revenue, J, when x packages of batteries are sold. b) What is the maximum daily revenue that Rahj can expect from battery sales? c) How many packages of batteries are sold when the revenue is at a maximum?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question
![15. Rahj owns a hardware store. For every increase of 10¢ in the price
A of a package of batteries, he estimates that sales decrease by
10 packages per day. The store normally sells 700 packages of batteries
per day, at $5.00 per package.
a) Determine an equation for the revenue, y, when x packages of
batteries are sold.
b)
What is the maximum daily revenue that Rahj can expect from
battery sales?
c) How many packages of batteries are sold when the revenue is at
a maximum?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa80e69fb-501a-4ff5-beb3-ac4c18d3f213%2Fdd750760-0689-4a82-86aa-d93823f65a15%2Fm19sr4n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:15. Rahj owns a hardware store. For every increase of 10¢ in the price
A of a package of batteries, he estimates that sales decrease by
10 packages per day. The store normally sells 700 packages of batteries
per day, at $5.00 per package.
a) Determine an equation for the revenue, y, when x packages of
batteries are sold.
b)
What is the maximum daily revenue that Rahj can expect from
battery sales?
c) How many packages of batteries are sold when the revenue is at
a maximum?
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