Question
Darlene has started taking photos at amateur dog racing events, later offering the photos For Sale to the dog owners by email. The prices
Darlene has started taking photos at amateur dog racing events, later offering the photos For Sale to the dog owners by email. The prices she has chatged Det photo at each of her first three events, and the corresponding number of photos sold and total Tevenue raised, appear in the table below. Price Pet Photol Number of Photos Sold! Revenue $54 $39 2 7 $ 108 $273 24. $288 320 280 240 Treating revenue as a Function of the number of Photos sold, a graph of the three data points is also shown, itshe uses quadratic regression to Fit a curve to the data, What number of photos sold and what price pet photo will maximize her revenue. # of Photos = 200 160 126 80 40 2 8 Price Per Photo= 10 12 14 16 #Sold
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Exploring Strategy Text and Cases
Authors: Gerry Johnson, Richard Whittington, Patrick RegnÈr, Kevan Scholes, Duncan Angwin
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9781292145136 , 978-1292145129
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