Question 138844
From part a), we found the demand equation {{{p=-x+62}}} where x is the number of units sold and p is the price.



To find the demand simply plug in {{{x=28}}} (remember, we max out the profit when 28 tiles are sold)



{{{p=-x+62}}} Start with the given equation



{{{p=-28+62}}} Plug in {{{x=28}}}



{{{p=34}}} Add



So the price should be set at $34