The school council sells sweatshirts to raise funds. The students sell 510 sweatshirts a year at $46 each. They are planning to decrease the price to generate more sales. An informal survey was taken showing that for every $1 decrease in price they can expect to sell an additional 21 sweatshirts. If the survey results are correct, what price would maximize revenue from sweatshirt sales? How many sweatshirts must be sold? What would be the maximum revenue generated? - I need to know every step taken to get to the answer.
The school council sells sweatshirts to raise funds. The students sell 510 sweatshirts a year at $46 each. They are planning to decrease the price to generate more sales. An informal survey was taken showing that for every $1 decrease in price they can expect to sell an additional 21 sweatshirts. If the survey results are correct, what price would maximize revenue from sweatshirt sales? How many sweatshirts must be sold? What would be the maximum revenue generated? - I need to know every step taken to get to the answer.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The school council sells sweatshirts to raise funds. The students sell 510 sweatshirts a year at $46 each. They are planning to decrease the price to generate more sales. An informal survey was taken showing that for every $1 decrease in price they can expect to sell an additional 21 sweatshirts. If the survey results are correct, what price would maximize revenue from sweatshirt sales? How many sweatshirts must be sold? What would be the maximum revenue generated?
- I need to know every step taken to get to the answer.
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