I neeed to complete table and part b please 2. The marketing department of a loc
ID: 3185058 • Letter: I
Question
I neeed to complete table and part b please
2. The marketing department of a local shoe company found that approximately 650 pairs of hiking boots are sold monthly when the price of each pair is $97. In addition, for each $1 reduction in price, 20 more pairs of hiking boots are sold monthly. a) Complete the following table: Price of a Pair of Boots $97 $96 $95 $85 # of pairs sold each month Monthly Revenue b) Let x the price. Then: Price per pair of hiking boots(algebraic expression) Number of pairs of hiking boots sold monthly Monthly revenue function is given by R(x)- (algebraic expression) (algebraic expression) OVER>Explanation / Answer
a)
b) Price per pair of hiking boots = $ x
Number of pairs of hiking boots sold monthly = 650+[20*(97-x)]
Monthly revenue function is given by R(x) = $ x*{650+[20*(97-x)]}.
Price of a pair of boots # of pairs sold each month Monthly revenue $97 650 $63050 $96 670 $64320 $95 690 $65550 $85 890 $75650