Quadratics monthly sales will 1. A business sells 1000 items a month for $25 eac
ID: 3283129 • Letter: Q
Question
Quadratics monthly sales will 1. A business sells 1000 items a month for $25 each. Research shows increase by 100 items for each $1 decrease in price. What is the maximum revenue? 2. The Sub Shack sells, on average, 2000 subs each month for $6.00 each. decrease in price. The manager estimates sales will increase by 150 subs for each $0.50 What is the maximum revenue? 3. A cosmetic company sells 2000 bottles of nail polish a month at a price of $10 each. The company believes that sales will increase by 250 bottles What is the maximum revenue? for each $0.25 decrease in price.Explanation / Answer
question:1
the numbeer of items sold inn a month is 1000
each item cost is $25
the total amount is 25*1000==$25000
the number of items is incresed is 100
total number of items is 1100
the cost is decreses by $1 each then the cost of each tem is $24 then the total amount is 24*1100==$26400
the maximum revenue is $26400-$25000=$1400
question 2:
the numbeer of subs sold inn a month is 2000
each sub cost is $6.00
the total amount is 6*2000==$12000
the number of subs is incresed is 150
total number of subs is 2150
the cost is decreses by $0.50 each sub then the cost of each sub is $5.50 then the total amount is 5.50*2150==$11825
the maximum revenue is $11825-$12000=-$375
here is no profit they got a lost of $375
problem:3
the numbeer of bottles sold in a month is 2000
each sub cost is $10
the total amount is 10*2000==$20000
the number of bottles is incresed is 250
total number of subs is 2250
the cost is decreses by $0.25 each bottle then the cost of each bottle is $9.75 then the total amount is 9.75*2250==$21937.5
the maximum revenue is $21937.5-$20000=1937.5
here is no profit they got a lost of $1937.5