7. On a rainy day, the profit, P dollars, of an umbrella seller can be modeled by the equation P=-30(x-10)+300, where x dollars is the price of the umbrella (A_/2) a. What should the price be to maximize the day's profit? b. What is the maximum profit?
7. On a rainy day, the profit, P dollars, of an umbrella seller can be modeled by the equation P=-30(x-10)+300, where x dollars is the price of the umbrella (A_/2) a. What should the price be to maximize the day's profit? b. What is the maximum profit?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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