SOLUTION: When a seminar organizers charge Rs: 600/= per person, they attract 1000 people. For each Rs 20/= decrease, an additional 1000 people get registered. The most profit-optimal fee is

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: When a seminar organizers charge Rs: 600/= per person, they attract 1000 people. For each Rs 20/= decrease, an additional 1000 people get registered. The most profit-optimal fee is      Log On


   

Question 1005139: When a seminar organizers charge Rs: 600/= per person, they attract 1000 people. For each Rs 20/= decrease, an additional 1000 people get registered. The most profit-optimal fee is
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


You only provided information to derive a revenue function. You cannot calculate (or optimize) profit without a cost function because

John

My calculator said it, I believe it, that settles it