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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?
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