Mathematics, 08.02.2021 08:00, Miguel9825
A school typically sells 500 yearbooks in a year for 50$ each. The economics class does a project and discovers that they can sell 125 more yearbooks for every 5$ decrease in price. The revenue for yearbook sales is R(x)=(500+125x)(50-5x)
1: To maximize profit, what price should the school charge for the yearbooks?
Answer Choices:
35, 40, 45, and 50
2: What is the possible maximum revenue?
Answer Choices:
25000, 30625, and 43750
3: If the school attains the maximum revenue, how many yearbooks will they sell?
Answer Choices:
500, 625, 750 and 875
Answers: 3
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A school typically sells 500 yearbooks in a year for 50$ each. The economics class does a project an...
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