Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The latest demand equation for your Yoda vs. Alien T-shirts is given by q = 60 p + 900 where q is the number of

The latest demand equation for your Yoda vs. Alien T-shirts is given by

q = 60p + 900

where q is the number of shirts you can sell in one week if you charge $p per shirt. The Student Council charges you $500 per week for use of their facilities, and the T-shirts cost you $5 each. Find the weekly cost as a function of the unit price p.

C(p) =

Hence, find the weekly profit as a function of p.

P(p) =

Determine the unit price you should charge to obtain the largest possible weekly profit. p = $ per T-shirt What is the largest possible weekly profit?

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 Single Variable

Authors: Brian E Blank, Steven G Krantz

2nd Edition

1118136012, 9781118136010

More Books

Students also viewed these Mathematics questions

Question

Master in information technology computer systems and network

Answered: 1 week ago