Q1

A shop sells two competing brands of socks, Levis and Gap. Each pair of socks is obtained at a cost of 3 dollars per pair. The manager estimates t c dollars per pair Gap socks for y dollars per pair, then co + y pairs of Levis socks and 1 + 41 - - y pairs of Gap socks. How should the manager set the prices so that the profit will be maximized? Remember: Profit = All Revenues - All Expenses/Costs Round your answers to the nearest cent. T = 8.11 . y = 6.88 Submit Answer Incorrect. Tries 9/99 Previous Tries