The daily demand function for x LED lights sold by a major retailer is p=722.5-0.25z dollars, and the average cost of sales is C=250+2x dollars. Find the quantity that will maximum profit, the selling price at that quantity and the maximum profit. a) Selling LED lights will maximum profit. b) The selling price at the answer in part (a) is $ c) The maximum profit is S
The daily demand function for x LED lights sold by a major retailer is p=722.5-0.25z dollars, and the average cost of sales is C=250+2x dollars. Find the quantity that will maximum profit, the selling price at that quantity and the maximum profit. a) Selling LED lights will maximum profit. b) The selling price at the answer in part (a) is $ c) The maximum profit is S
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section: Chapter Questions
Problem 16T
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