T-shirt Profit - The latest demand equation for your Yoda vs. Alien T-shirt is given by q=-40x+600 where q is the number of shirts you can sell in one week if you charge $x per shirt. The student council charges you $400 per week for use of their facilities, and the T-shirts cost you $5 each. Find the weekly cost as a function of the unit price x. Hence, find the weekly profit as a function of x, and determine the unit price you should charge to obtain the largest possible weekly profit. What is the largest possible weekly profit?
T-shirt Profit - The latest demand equation for your Yoda vs. Alien T-shirt is given by q=-40x+600 where q is the number of shirts you can sell in one week if you charge $x per shirt. The student council charges you $400 per week for use of their facilities, and the T-shirts cost you $5 each. Find the weekly cost as a function of the unit price x. Hence, find the weekly profit as a function of x, and determine the unit price you should charge to obtain the largest possible weekly profit. What is the largest possible weekly profit?
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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T-shirt Profit -
The latest demand equation for your Yoda vs. Alien T-shirt is given by
q=-40x+600
where q is the number of shirts you can sell in one week if you charge $x per shirt. The student council charges you $400 per week for use of their facilities, and the T-shirts cost you $5 each. Find the weekly cost as a function of the unit price x. Hence, find the weekly profit as a function of x, and determine the unit price you should charge to obtain the largest possible weekly profit. What is the largest possible weekly profit?
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