The price of a video game is $50, and 40 games are sold each day. For each $1.00 the price is raised, the store sells one fewer video game. If each video game costs $18 to make, how much should the price be set at to maximize profits? Use the completing-square method and provide explanations throughout each step.
The price of a video game is $50, and 40 games are sold each day. For each $1.00 the price is raised, the store sells one fewer video game. If each video game costs $18 to make, how much should the price be set at to maximize profits? Use the completing-square method and provide explanations throughout each step.
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter5: Factoring Polynomials
Section: Chapter Questions
Problem 6MPS
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The price of a video game is $50, and 40 games are sold each day. For each $1.00 the price is raised, the store sells one fewer video game. If each video game costs $18 to make, how much should the price be set at to maximize profits? Use the completing-square method and provide explanations throughout each step.
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