document.write( "Question 519263: suppose you have a cookie stand and when you charge $3 per cookie box you sell 250 boxes but when you raise your price to $4 you only sell 120 boxes \n" ); document.write( "
Algebra.Com's Answer #345486 by Edwin McCravy(20060)\"\" \"About 
You can put this solution on YOUR website!
Suppose you have a cookie stand and when you charge $3 per cookie box you sell
\n" ); document.write( "250 boxes but when you raise your price to $4 you only sell 120 boxes.
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document.write( "You didn't ask for any solution, so I guess you mean to give an answer to\r\n" );
document.write( "what you could conclude from that information:\r\n" );
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document.write( "The object is to make the most money, not to sell the most cookie boxes. You\r\n" );
document.write( "should observe that when you charge $3 you take in 250×$3 = $750 and when\r\n" );
document.write( "you charge $4 you only take in 120×$4 = $480.  So you should conclude that $4\r\n" );
document.write( "is too much to charge to make the most money. So you should try charging\r\n" );
document.write( "$3.50. If you still take in less than $750, then try charging $2.50, and\r\n" );
document.write( "keep on changing the price, every time keeping a record of how much money you\r\n" );
document.write( "took in, and by trial and error you will eventually find the optimum price to\r\n" );
document.write( "charge per cookie box so you'll take in the most money possible.\r\n" );
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document.write( "Edwin
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