Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE JUST GIVE ME THE ANSWER PUT THE ANSWER VERY VERY CLEARLY, THANK YOU. 7 It costs 16 dollars to manufacture and distribute a backpack.

PLEASE JUST GIVE ME THE ANSWER PUT THE ANSWER VERY VERY CLEARLY, THANK YOU.

image text in transcribed
7 It costs 16 dollars to manufacture and distribute a backpack. If the backpacks sell at x dollars each, the number sold, n, is given by n = x - 16 + 5(100 - x). Find the selling price that will maximize profit. The selling price that will maximize profit is $ (Simplify your answer.)

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

Precalculus A Right Triangle Approach

Authors: Jogindar Ratti, Marcus S McWaters

2nd Edition

0321899814, 9780321899811

More Books

Students also viewed these Mathematics questions