SOLUTION: A fruit juice company varies the price of its litre cartons to maximise profit. The equation that models the company's profit is given below:
P=-80d+960d-2280
Where P is the prof
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-> SOLUTION: A fruit juice company varies the price of its litre cartons to maximise profit. The equation that models the company's profit is given below:
P=-80d+960d-2280
Where P is the prof
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Question 1144617: A fruit juice company varies the price of its litre cartons to maximise profit. The equation that models the company's profit is given below:
P=-80d+960d-2280
Where P is the profit in thousands of dollars and d is the price of a litre carton in dollars.
a) What is the maximum profit the company can make selling litre containers?
b) Sketch the general shape of the graph showing how profit varies with the price of a litre container.
c) What's the lowest price the company can sell litre cartons for and still break even? (Answer to the nearest 10 cents) Answer by ikleyn(52781) (Show Source):
