manager sells 75 cakes per week at 650 pesos each and he knows that for every 10 pesos crease in the price of cake, he loses a customer. Find the price such that he is able to maximize is weekly revenue.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
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3. A manager sells 75 cakes per week at 650 pesos each and he knows that for every 10 pesos
increase in the price of cake, he loses a customer. Find the price such that he is able to maximize
his weekly revenue.
Transcribed Image Text:3. A manager sells 75 cakes per week at 650 pesos each and he knows that for every 10 pesos increase in the price of cake, he loses a customer. Find the price such that he is able to maximize his weekly revenue.
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