document.write( "Question 206241: Good day! please help me with this problem... i'm kind of slow in math.
\n" );
document.write( "A survey shows that 60000 people will buy a certain type of sandwich in a period of one week if the cost is 40. Suppose that for every 2.50 added to the price, 2000 fewer people will buy the sandwich
\n" );
document.write( "a.) What price will give the greatest revenue for the week?
\n" );
document.write( "b.) What is the approximate maximum possible profit for the week if the food supplier spreads approximately 1.5 million pesos to ensure a supply of the sandwiches for one week? \n" );
document.write( "
Algebra.Com's Answer #155998 by RAY100(1637)![]() ![]() ![]() You can put this solution on YOUR website! Let's just make a table \n" ); document.write( ". \n" ); document.write( "UNITS SOLD,,,,,,Unit Price,,,,,,,REVENUE \n" ); document.write( ". \n" ); document.write( "60,000,,,,,,,,,,,,,40,,,,,,,,,,,,,,2,400,000 \n" ); document.write( ". \n" ); document.write( "50,000,,,,,,,,,,,,,52.5,,,,,,,,,,,,2,625,000 \n" ); document.write( ". \n" ); document.write( "48,000,,,,,,,,,,,,,55,,,,,,,,,,,,,,2,640,000 \n" ); document.write( ". \n" ); document.write( "46,000,,,,,,,,,,,,,57.5,,,,,,,,,,,,2,645,000,,,max \n" ); document.write( ", \n" ); document.write( "44,000,,,,,,,,,,,,,60,,,,,,,,,,,,,,2,640,000 \n" ); document.write( ". \n" ); document.write( "42,000,,,,,,,,,,,,,62.5,,,,,,,,,,,,2,625,000 \n" ); document.write( ". \n" ); document.write( "40,000,,,,,,,,,,,,,65,,,,,,,,,,,,,,2,600,000 \n" ); document.write( ". \n" ); document.write( "30,000,,,,,,,,,,,,,77.5,,,,,,,,,,,,2,325,000 \n" ); document.write( ". \n" ); document.write( ".Max Revenue is 2,645,000 at volume of 46,000,unit cost of 57.5 \n" ); document.write( ". \n" ); document.write( "If supplier cost is 1,500,000,,,,net profit is 1,145,000 \n" ); document.write( ".\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |