Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I have the answers(the answers are attached as well). i am just not sure how to work out the problem to get the soltion. tank
I have the answers(the answers are attached as well). i am just not sure how to work out the problem to get the soltion. tank you in advance. Question 3: A store sells washing machines, buying them from the manufacturer for $300 each. They have room for 20 washing machines, but every $75 of price will b) If they have $2200 in fired costs, how much profit will they make with the washing lose one sale each month. a) What is the optimal price for the washing machines? machines ? Including the $2200 in fixed costs, what's the lowest price point they can go to and c) Suppose they want to drop the price, but still make at least $1000 total in profit. still have P(x) = 1000? 3a) $900 3b) $2600 3c) Set P(x) = 1000 and solve with the quadratic formula. 1553.59 is the lowest value
I have the answers(the answers are attached as well). i am just not sure how to work out the problem to get the soltion.
tank you in advance.
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