When priced at $10, one type of software has annualsales of 300 units. For each dollar the software isincreased in price, the store expects to lose the saleof 10 units of software. Find the price that willmaximize the total revenue.

Answered: Image /qna-images/answer/d3a6c316-ef83-4b62-8517-e36dd7d45822.jpg

Answered: When priced at $10, one type of…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

A farmer finds that if she plants 40 trees per acre, each tree will yield 30 bushels of fruit. She estimates that for each additional tree planted per acre, the yield of each tree will decrease by 2 bushels. How many trees should she plant per acre to maximize her harvest? trees Give your answer rounded to the nearest whole number.
Amazon can sell 20,000 copies of a new book for 16 per book. For each 1 reduction in price Amazon can sell 2,000 more copies what price should Amazon sell the new book to maximize its revenue ?
A furniture store sells 96 coffee tables per month at $1100 each. The owners estimate that for each $110 increase in price, they will sell 3 fewer coffee tables per month. Find the price per coffee table that will maximize revenue. LA per coffee table Keypad Keyboard Shortcuts
Suppose you make beautiful coffee tables out of juniper trees. Your materials cost for each table is $135. You pay your craftsman $25 per hour and it takes him 5 hours to complete one table. If you sell these tables for $689, What is the Gross Profit Margin on the coffee tables
Solve please
I’m having trouble breaking this down. Every-time I finish the problem I don’t get a solid answer just decimals.
A certain magical substance that is used to make solid magical spheres costs $500 per cubic foot. The power of a magical sphere depends on its surface area, and a magical sphere can be sold for $50per square foot of surface area. If you are manufacturing such a sphere, what size should you make them to maximize your profit per sphere?
A farmer finds that if she plants 80 trees per acre, each tree will yield 70 bushels of fruit. She estimates that for each additional tree planted per acre, the yield of each tree will decrease by 4 bushels. How many trees should she plant per acre to maximize her harvest? 9506 trees Give your answer rounded to the nearest whole number.

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS

When priced at $10, one type of software has annual sales of 300 units. For each dollar the software is increased in price, the store expects to lose the sale of 10 units of software. Find the price that will maximize the total revenue.