SOLUTION: Extensive market research has determined that for the next five years the price of certain mountain bike is predicted to vary according to P(X) = 600 - 60T + 15T2 , where T is t

Algebra.Com
Question 1191365: Extensive market research has determined that for the next five years the price of certain mountain bike is predicted to vary according to P(X) = 600 - 60T + 15T2 , where T is time in years, and P(T) is price in dollars. The number of mountain bikes sold annually by Skimmers Bikes is expected to follow Q (T)= 30000 + 900t -30t2 , where Q is the number sold, and T is time in years

Answer by ikleyn(52835)   (Show Source): You can put this solution on YOUR website!
.

Thanks for letting us know.



RELATED QUESTIONS

A company is considering producing some new products. Based on past records, management... (answered by CPhill)
Business and Finance. A demand equation (sometimes called a demand curve) shows how much (answered by stanbon)
Market Researchers, Inc, has been hired to perform a study to determine it the market for (answered by onyulee)
A company is considering producing some new products. Based on past records, management... (answered by CPhill)
A soccer stadium holds 31,000 spectators. With a ticket price of $11, the average... (answered by Theo)
Wonderland Inc. has just paid a dividend of $2.75 per share. The company has been... (answered by ikleyn)
Brittany is a mountain climber who has reached the peak of a certain mountain. She is now (answered by TimothyLamb)
A company manufactures both mountain bikes and trail bikes. The cost of materials for a... (answered by richwmiller)
A company manufactures both mountain bikes and trail bikes. The cost of materials for a... (answered by josgarithmetic)