SOLUTION: k. What price would you sell the tile sets at to realize this profit (hint, use the demand equation from part a)?

Question 138844: k. What price would you sell the tile sets at to realize this profit (hint, use the demand equation from part a)?
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
From part a), we found the demand equation where x is the number of units sold and p is the price.

To find the demand simply plug in (remember, we max out the profit when 28 tiles are sold)

Start with the given equation

Plug in

Add

So the price should be set at $34
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