SOLUTION: Please help. I am lost.
Manufacturing shirts. If a manufacturer charges p dollars each for rugby shirts, then he expects to sell 2000 – 100p shirts per week. What polynomial r
Algebra ->
Polynomials-and-rational-expressions
-> SOLUTION: Please help. I am lost.
Manufacturing shirts. If a manufacturer charges p dollars each for rugby shirts, then he expects to sell 2000 – 100p shirts per week. What polynomial r
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Question 146369: Please help. I am lost.
Manufacturing shirts. If a manufacturer charges p dollars each for rugby shirts, then he expects to sell 2000 – 100p shirts per week. What polynomial represents the total revenue expected for a week? How many shirts will be sold if the manufacturer charges $20 each for the shirts? Find the total revenue when the shirts are sold for $20 each. Use the bar graph to determine the price that will give the maximum total revenue.
You can put this solution on YOUR website! If a manufacturer charges p dollars each for rugby shirts, then he expects to sell 2000 – 100p shirts per week.
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What polynomial represents the total revenue expected for a week?
Revenue = (price)*(quantity) = p(2000-100p) = 2000p-100p^2
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How many shirts will be sold if the manufacturer charges $20 each for the shirts?
# = 1000-100(20) = 0
No shirts will be sold
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Find the total revenue when the shirts are sold for $20 each. Use the bar graph to determine the price that will give the maximum total revenue.
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I don't have the bar graph but maximum revenue occurs when
p = -b/2a = -2000/(2*-100) = $10
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Cheers,
Stan H.
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