Question
The demand for rubies at Royal Ruby Retailers (RRR) is given by the equation q = -1.9p + 90 where p is the price RRR
The demand for rubies at Royal Ruby Retailers (RRR) is given by the equation
q = -1.9p + 90
where p is the price RRR charges (in dollars) and q is the number of rubies RRR sells each week. Assuming that due to extraordinary market conditions, RRR can obtain rubies for $34 each, how much should it charge per ruby to make the greatest weekly profit?
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
