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Solve the problem.The monthly profit for a small company tha…
Solve the problem.The monthly profit for a small company that makes long-sleeve T-shirts depends on the price per shirt. If the price is too high, sales will drop. If the price is too low, the revenue brought in may not cover the cost to produce the shirts. After months of data collection, the sales team determines that the monthly profit is approximated by f = -33p 2 + 1386p – 10,853, where p is the price per shirt and f is the monthly profit based on that price. Find the price that generates the maximum profit and find the maximum profit.
Solve the problem.The monthly profit for a small company tha…
Questions
Sоlve the prоblem.The mоnthly profit for а smаll compаny that makes long-sleeve T-shirts depends on the price per shirt. If the price is too high, sales will drop. If the price is too low, the revenue brought in may not cover the cost to produce the shirts. After months of data collection, the sales team determines that the monthly profit is approximated by f = -33p 2 + 1386p - 10,853, where p is the price per shirt and f is the monthly profit based on that price. Find the price that generates the maximum profit and find the maximum profit.