Answered step by step
Verified Expert Solution
Question
1 Approved Answer
For the Vans store in the Temecula Mall, the wecky profit, in dollars, of selling x shoes is P ( x )=0.006 x 30.2 x
For the Vans store in the Temecula Mall, the wecky profit, in dollars, of selling x shoes is P(x)=0.006x30.2x2+900x1200, and currently 60 shoes are sold weckly. a) What is the current wockly profit? b) How much profit would be lost if the shoe store were able to sell only 59 shocs weckly? c) What is the marginal profit when x=60 ? d) Use marginal profit to estimate the weekly profit if sales increase to 61 shoes weekly.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started