plz answer a b c
The market research department of the Better Baby Buggy Co. predicts that the demand equation for its buggies is given by q-2.5p+500, where q is the number of buggies it can sell in a month if the price is Sp per buggy. At what price should it sell the buggies to get the largest revenue What is the largest monthly revenue? Practce Tek to a Tuer l Read Need Help?
Two fraternities, Sig Ep and Ep Sig, plan to raise money jointly to benefit homeless people on Long Island. They will sell Yoda vs. Alen T-shirts in the student center, but are not sure how much to charge. Sig Ep treasurer Augustus recalls that they once sold 200 shirts in a week at $6 per shirt, but Ep Sig treasurer Julus has solid research indicating that it is possible to sell 400 per week at $2 per shirt (a) Based on this information, construct a linear demand equation for Yoda vs. Alen T-shirts, and hence obtain the weekly revenue R as a function of the unit price x R(x) (b) The university administration charges the fraternities a weekly fee of $500 for use of the Student Center. Enter the weekly profit P as a function of the unit price x. Px) Determine how much the fraternities should charge to obtain the largest possible weekly profit per T-shirt What is the largest possible weekly profit? Need Help? Read Practice Talk to Tute Submit Answer Save Progress Practice Another Version
You have just opened a new nightclub, RussA per night. The next week you charged $18 per guest and averaged 320 guests per night. Techno Pitstop, but are unsure of how high to set the cover charge (entrance fee). One week you charged $16 per guest and averaged 340 guestsi (a) Find a inear demand equation showing the number of guests q per night as a function of the cover charge p (b) Find the nightly revenue R as a function of the cover charge p RIP) (e) The club will provide two free non-alcoholic drinks for each guest, costing the club $4 per head. In addition, the nightly overheads (rent, salaries, dancers, D), etc.) amount to $4,000 Find the cost C as a function of the cover charge p. Cip) (d) Now find the profit in terms of the cover charge p. PLp) Determine the cover charge you should charge for a maximum prollt. per guest Need Help? Read hi Prectice Tek to Tuter