sporting goods store sells 64 tennis rackets per month at $90$ each. The owners estimate that for each $5 increase in price, they will sell 2 fewer tennis rackets per month. Find the price per tennis racket that will maximize revenue.
sporting goods store sells 64 tennis rackets per month at $90$ each. The owners estimate that for each $5 increase in price, they will sell 2 fewer tennis rackets per month. Find the price per tennis racket that will maximize revenue.
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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3. A sporting goods store sells 64 tennis rackets per month at $90$ each. The owners estimate that for each $5 increase in price, they will sell 2 fewer tennis rackets per month. Find the price per tennis racket that will maximize revenue.
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