Question
A = 5 B = 1 2. Handbag Shaped Pools R Us is the states leading retailer of handbag shaped swimming pools. During the summer,
A = 5
B = 1
2. Handbag Shaped Pools R Us is the states leading retailer of handbag shaped swimming pools. During the summer, they sell 6 pools each week for $30 + A thousand each. After the summer, they drop the price to $29 B thousand and sell 9 per week. (a) Write the primary equation for revenue to be maximized. (b) Write the secondary equation for price p in terms of the number x of handbag-shaped swimming pools sold. Assume a linear relationship between p and x. I dont want to see the letters A or B here; calculate 30 + A thousand and use that, calculate 29 B thousand and use that. (c) Write the revenue equation in terms of the number of handbag-shaped swimming pools systems sold. (d) Find R0 (x) and its critical values. (e) Show that the critical value you found really maximizes H-SSP R Uss revenue. What is the actual maximum revenue (i.e., evaluate R)?
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