document.write( "Question 1092693: Vinnie owns a t-shirt shop. He has determined that he can sell 150 t-shirts for $10 each. Vinnie's partner, Bob, is not happy with charging $10 for the shirts. \r
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document.write( "He tells Vinnie, \"If we can increase the price by just one dollar we can make more money and maximize our revenue!\" Vinnie responds, \"But Bob, my research shows that each time we increase the price by one dollar, we will sell 5 less t-shirts! We will lose money!\" Bob insists that they will make more money by charging more and selling fewer shirts. \r
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document.write( "How much should Vinnie charge in order to maximize the amount of money he makes? \n" );
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Algebra.Com's Answer #707387 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! Vinnie should sell the shirts as he sees fit. It is his shop. \n" ); document.write( "So he should sell the shirts for $10 each. \n" ); document.write( " |