document.write( "Question 1094144: A company can produce a doll at a cost of $5 per dolls. When the company sells the dolls at a price of $40 they can sell 400 dolls each week. It is estimated that for every $0.50 decrease in the price, they can sell 20 more dolls.
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document.write( "Find the price that will maximize the profit for the company. \n" );
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Algebra.Com's Answer #708741 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( "Let \n" ); document.write( "[ profit ] = [ income ] - [ cost ] \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "------------------------------------- \n" ); document.write( "The n-value of the maximum is at: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "and \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "The maximum weekly profit is $20,250 \n" ); document.write( "The price that will maximize the profit is: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "$27.50 per doll \n" ); document.write( "------------------------------------------ \n" ); document.write( "check: \n" ); document.write( "Here's the plot: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |