The latest demand equation for your Yoda vs. Alien T-shirts is given by
q = -70x + 700
where q is the number of shirts you can sell in one week if you charge $x per shirt. The Student Council charges you $500 per week for use of their facilities, and the T-shirts cost you $3 each. Find the weekly cost as a function of the unit price x.
C(x) =
Hence, find the weekly profit as a function of x.
P(x) =
Determine the unit price you should charge to obtain the largest possible weekly profit.
x = $ per T-shirt
What is the largest possible weekly profit?
thanks !
q = -70x + 700
where q is the number of shirts you can sell in one week if you charge $x per shirt. The Student Council charges you $500 per week for use of their facilities, and the T-shirts cost you $3 each. Find the weekly cost as a function of the unit price x.
C(x) =
Hence, find the weekly profit as a function of x.
P(x) =
Determine the unit price you should charge to obtain the largest possible weekly profit.
x = $ per T-shirt
What is the largest possible weekly profit?
thanks !