The HAC at Humberview has decided to sell Gatorade to raise money.  The demand function is described by  px=-4x+340 , where x is the number of bottles, in hundreds, and px is in dollars.  The cost function, in dollars, is described by Cx=300x-275.  Determine the number of Gatorade bottles they must sell so that they maximize their profit.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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The HAC at Humberview has decided to sell Gatorade to raise money.  The demand function is described by  px=-4x+340 , where x is the number of bottles, in hundreds, and px is in dollars.  The cost function, in dollars, is described by Cx=300x-275.  Determine the number of Gatorade bottles they must sell so that they maximize their profit.

 

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