Business Bargains manufactures office supplies. It is considering selling sticky-notes in the shape of the state in

Question:

Business Bargains manufactures office supplies. It is considering selling sticky-notes in the shape of the state in which they will be sold. The expense and revenue functions are E = -250p + 50,000 and R = -225p2 + 7,200p.
a. Determine the profit function.
b. Determine the price, to the nearest cent, that yields the maximum profit.
c. Determine the maximum profit, to the nearest cent.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: