Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Math 1131 - Spring 202 (3). You are able to sell 15 gallons of ghost pepper sauce per month at a price of $200 per

image text in transcribed
Math 1131 - Spring 202 (3). You are able to sell 15 gallons of ghost pepper sauce per month at a price of $200 per gallon. Re- search shows that for every $9 reduction in price that you can expect to sell 2 more gallons of sauce each month. (a) (13 points) How much should you charge in order to maximize monthly revenue? Round your response to two decimal places. (b) (4 points) What is the maximum monthly revenue? Round your response to two decimal places

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

Calculus

Authors: Jon Rogawski, Colin Adams, Robert Franzosa

4th Edition

1319055842, 9781319055844

More Books

Students also viewed these Mathematics questions

Question

Dont smell (i.e., too much perfume/cologne).

Answered: 1 week ago