Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A manufacturer of upholstery can sell 46 yards of fabric at a price of $1.75 per yard. If the price is $1.45, he can sell

A manufacturer of upholstery can sell 46 yards of fabric at a price of $1.75 per yard. If the price is $1.45, he can sell 66 yards. The total cost of manufacturing x yards of fabric is C(x)=0.6x+49.5.

Find the revenue and profit function

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Probability With Stochastic Processes

Authors: Saeed Ghahramani

4th Edition

042985627X, 9780429856273

More Books

Students also viewed these Mathematics questions