document.write( "Question 1060581: Jack & Jill charge $20 for a custom painted water pail. They currently sell 80 water pails a month. They estimate that for each $1 decrease in the cost of the pails, they could sell 15 more pails a month. What price will maximize Jack & Jill's income? If they charges this price, how much income should they expect? \n" ); document.write( "
Algebra.Com's Answer #675504 by josgarithmetic(39617)![]() ![]() ![]() You can put this solution on YOUR website! r, income \n" ); document.write( "x, how many pails sold \n" ); document.write( "p, price per pail \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "n, each dollar decrease in price \n" ); document.write( " \r\n" ); document.write( "PRICE x\r\n" ); document.write( " 20 80\r\n" ); document.write( " 20-1 80+15\r\n" ); document.write( " 20-2 80+2*15\r\n" ); document.write( " 20-3 80+3*15\r\n" ); document.write( " 20-n 80+n*15 or 80+15n\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "r is a parabolic function with zeros at \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "-- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "- \n" ); document.write( "MIDDLE n VALUE \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If Jack and Jill want a price to the nearest penny, then this would be $7.33 per pail. \n" ); document.write( "Revenue would be |