Help Calculus Problem

Calculus
Tutor: None Selected Time limit: 1 Day

A  store owner currently sells an item for $50 and can sell 100 items per week on average. However, market research says that for each $3 decrease in price, the owner will be able to sell 25 more items per week. What price should the owner set so that the weekly maximum profit is realized?

Jul 19th, 2015

Thank you for the opportunity to help you with your question!

the total for the sales=$5000

the excess from the price decrease is (100+25) items

the income from the decrease is 125*47=5875

the maximum proffit is 5875-5000=$875



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Jul 19th, 2015

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