4 It costs 4 dollars to manufacture and distribute a backpack. If the backpacks sell at x dollars each, the number sold, n, is given by n = + 9(100 - x). Find the selling x-4 price that will maximize profit.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.3: Systems Of Nonlinear Equations And Inequalities: Two Variables
Problem 5SE: If you perform your break-even analysis and there is more than one solution, explain how you would...
icon
Related questions
icon
Concept explainers
Topic Video
Question

How do I do this problem?

It costs 4 dollars to manufacture and distribute a backpack. If the backpacks sell at x dollars each, the number sold, n, is given by n= -
4
+ 9(100 – x). Find the selling
X-4
price that will maximize profit.
Transcribed Image Text:It costs 4 dollars to manufacture and distribute a backpack. If the backpacks sell at x dollars each, the number sold, n, is given by n= - 4 + 9(100 – x). Find the selling X-4 price that will maximize profit.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell