Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MaysellsTshirtsinastallattheshoppingcenter.Whenshecharges15perTshirtshedoesnotsellanything,howevershenoticedthatevery timeshereducesthesellingprinceby1,sells 15moreTshirtsperhour.ATshirtcost4.50tomakeandsheischarged130adayforherstall. Mayopensherstallfrom10amto8pm. Q1 Writetheequationtocalculatethemaximumprofit and explain how the equation is formed Q2. Usingtheequationwriteinatablethepriceandprofitforpricerangingfrom15to3 Q3.Plotagraphanddrawadiagramtorepresenttheprofit Q4.What is the maximum possible profit and how you

MaysellsTshirtsinastallattheshoppingcenter.Whenshecharges15perTshirtshedoesnotsellanything,howevershenoticedthatevery timeshereducesthesellingprinceby1,sells 15moreTshirtsperhour.ATshirtcost4.50tomakeandsheischarged130adayforherstall. Mayopensherstallfrom10amto8pm.

Q1 Writetheequationtocalculatethemaximumprofit and explain how the equation is formed

Q2. Usingtheequationwriteinatablethepriceandprofitforpricerangingfrom15to3

Q3.Plotagraphanddrawadiagramtorepresenttheprofit

Q4.What is the maximum possible profit and how you calculate it? What should be the selling price to achieve it?Explain in details

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

More Books

Students also viewed these Mathematics questions

Question

2. Find five metaphors for communication.

Answered: 1 week ago