Find the price that produces the maximum profit on the range from $200 to $700. The manufacturer should set the price on the new blender at $ for a maximum profit of $ (Type whole numbers.)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.1: Systems Of Linear Equations: Two Variables
Problem 2SE: If you are performing a break-even analysis for a business and their cost and revenue equations are...
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A manufacturer of kitcken appliances is preparing to set the price on a new blender. Implement the given model on a spreadsheet and construct a one-way data table to estimate the price for which
profit is maximized.
Total Profit=-17,520 +2519P-2P2
Find the price that produces the maximum profit on the range from $200 to $700.
The manufacturer should set the price on the new blender at $
for a maximum profit of $
(Type whole numbers.)
Transcribed Image Text:A manufacturer of kitcken appliances is preparing to set the price on a new blender. Implement the given model on a spreadsheet and construct a one-way data table to estimate the price for which profit is maximized. Total Profit=-17,520 +2519P-2P2 Find the price that produces the maximum profit on the range from $200 to $700. The manufacturer should set the price on the new blender at $ for a maximum profit of $ (Type whole numbers.)
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