A company is experimenting with the pricing on a calculator. They currently average 200 daily sales at a price of $10. R

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A company is experimenting with the pricing on a calculator. They currently average 200 daily sales at a price of $10. R

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A Company Is Experimenting With The Pricing On A Calculator They Currently Average 200 Daily Sales At A Price Of 10 R 1
A Company Is Experimenting With The Pricing On A Calculator They Currently Average 200 Daily Sales At A Price Of 10 R 1 (32.65 KiB) Viewed 56 times
A company is experimenting with the pricing on a calculator. They currently average 200 daily sales at a price of $10. Research suggests that if they raise the price of the calculator by 50¢ that they will make 5 fewer sales. It costs the company $4 to manufacture a calculator. a) Find an equation for the revenue the company will make. b) Given that Profit= Revenue - Cost, find an equation for the profit the company can make. c) What price should the company charge for a calculator in order to maximize the profit?
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