25.8k views
1 vote
A school typically sells 500 year books in a year for $50 each. the economics class does a project and discovers that they can sell 125 more year books for every $5 decrease in price. The revenue for year book sales is R(x)= ( 500 +125x )( 50- 5x )

To maximize the profit what price should the school charge for the yearbooks?

35, 40, 45, 50?

1 Answer

4 votes

The answer is $40

500*50x=25,000

625*40x=25,000

User Marcus Wolschon
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories