The owner of a toy store can obtain a popular board game at a cost of $15
Question:
The owner of a toy store can obtain a popular board game at a cost of $15 per set. She estimates that if each set sells for x dollars, then 5(27 − x) sets will be sold each week. Express the owner’s weekly profit from the sales of this game as a function of price, graph this function, and estimate the optimal selling price. How many sets will be sold each week at the optimal price?
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The weekly profit is Px number of sets sold pricecost per set 527 xx 1...View the full answer
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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