A restaurant sells x hamburger per week. Assume that the weekly cost and demand equations C(x) =
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Question:
A restaurant sells x hamburger per week. Assume that the weekly cost and demand equations
C(x) = 1.1x + 300
p(x) = 5 - 0.03x 0 ? x ? 1,000
Find the number of hamburgers that the restaurant should sell and the price that the restaurant should charge for each hamburger to maximize the profit.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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