The cost, in dollars, to produce a designer dog leashes is C(x) = x + 2, and the price-demand function, in dollars per leash, is p(x) = 37 - 2x (a) Find the profit function. P(x) = -2x²+36x-2 (b) Use Excel solver to find the number of leashes which need to be sold to maximize the profit. 9 leashes # (c) What price must they charge to attain this maximum profit? x dollars 30

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.3: Solving Quadratic Equations By Graphing
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The cost, in dollars, to produce a designer dog leashes is C(x) = x + 2, and the price-demand
function, in dollars per leash, is p(x) = 37 - 2x
(a) Find the profit function.
P(x) = -2x2+36x-2
(b) Use Excel solver to find the number of leashes which need to be sold to maximize the profit.
4
9
30
(c) What price must they charge to attain this maximum profit?
x dollars
✓
Submit Question
leashes
Question Help: Message instructor
9
B
15
JUN
23
Ç
S
TAZ
Transcribed Image Text:******** esc The cost, in dollars, to produce a designer dog leashes is C(x) = x + 2, and the price-demand function, in dollars per leash, is p(x) = 37 - 2x (a) Find the profit function. P(x) = -2x2+36x-2 (b) Use Excel solver to find the number of leashes which need to be sold to maximize the profit. 4 9 30 (c) What price must they charge to attain this maximum profit? x dollars ✓ Submit Question leashes Question Help: Message instructor 9 B 15 JUN 23 Ç S TAZ
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