APPLICATION: A local outlet store charges $2.00 for a pack of four AA batteries. On an average

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APPLICATION: A local outlet store charges $2.00 for a pack of four AA batteries. On an average day, 200 packs are sold. A survey indicates that sales will decrease by 5 packs per day for each $0.10 increase in price.
APPLICATION: A local outlet store charges $2.00 for a pack

a. Complete the table above based on the results of the survey.
b. Calculate the first and second differences for the revenue.
c. Let x represent the selling price in dollars, and let y represent the revenue in dollars. Write a function that describes the relationship between the revenue and the selling price.
d. Graph your function and find the maximum revenue. What selling price provides maximum revenue?

APPLICATION: A local outlet store charges $2.00 for a pack
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Related Book For  book-img-for-question

Discovering Advanced Algebra An Investigative Approach

ISBN: 978-1559539845

1st edition

Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke

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