A manufacturer of shirts determines that her fixed costs will be 500 dollars plus 9 dollars for each shirt made. The demand curve is p = 30-0.2(x)^1/2 where x is the number of shirts sold. (a) Write the formula for the profit function. (b) How many shirts should be produced to maximize profit? (c) At what price will the shirts be sold? (d) What is her resulting profit

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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A manufacturer of shirts determines that her fixed costs will be 500 dollars plus 9 dollars for each shirt made. The demand curve is p = 30-0.2(x)^1/2 where x is the number of shirts sold.

(a) Write the formula for the profit function.

(b) How many shirts should be produced to maximize profit?

(c) At what price will the shirts be sold?

(d) What is her resulting profit?

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