In 3.3.
A carpenter finds that if she charges p dollars for a chair, she sells 600 - 3p of them each year.
in 3.3.
(a) At what price will she price herself out of the market, that is, have no customers at all?
en 3.3
X
X
T
She prices herself out of the market if she charges $200
for a chair.
3.3.
(b) How much should she charge to maximize her annual revenue?
n 3.3.
in 3.3.
She should charge $
to maximize her annual revenue,
Click if you would like to Show Work for this question: Open Show Work
n 3.3.
n 3.3
SHOW HINT
n 3.3
n 3.3,
LINK TO TEXT
Study