document.write( "Question 1064483: You are selling banana bread that costs P 5 each. Each week, you have 50
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document.write( "customers. When you decrease the price by P1, you expect 30 customers to be
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document.write( "added. What is the price of the banana bread that yields a maximum profit?\r
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document.write( "c. If the revenue (R) = number of customers × bread price. Write the
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document.write( "equation of the quadratic function given the situation above?\r
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document.write( "how did you get the letter c in question 916733?\r
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Algebra.Com's Answer #679525 by Edwin McCravy(20056)![]() ![]() You can put this solution on YOUR website! You are selling banana bread that costs P 5 each. Each week, you have 50 \n" ); document.write( "customers. When you decrease the price by P1, you expect 30 customers to be \n" ); document.write( "added. What is the price of the banana bread that yields a maximum profit?\r \n" ); document.write( "\n" ); document.write( "c. If the revenue (R) = number of bread × bread price. Write the equation of \n" ); document.write( "the quadratic function given the situation above? \n" ); document.write( " \r\n" ); document.write( "Let x = the number of p30 reductions in price \r\n" ); document.write( "\r\n" ); document.write( "Then\r\n" ); document.write( "\r\n" ); document.write( "the price will be reduced from p(5) to p(5-1*x), or p(5-x)\r\n" ); document.write( "\r\n" ); document.write( "and\r\n" ); document.write( "\r\n" ); document.write( "the number of customers will grow from 50 to 50+30x\r\n" ); document.write( "\r\n" ); document.write( "Profit = (50+30x)(5-x)\r\n" ); document.write( "Profit = 250-50x+150x-30x2\r\n" ); document.write( "Profit = 250+100x-30x2\r\n" ); document.write( "Profit = -30x2+100x+250\r\n" ); document.write( "\r\n" ); document.write( "Maximum profit, use vertex formula\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |