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Mathematics, 14.10.2019 17:30 gunnatvinson

In 3.3.

a carpenter finds that if she charges p dollars for a chair, she sells 600 - 3p of them each year.

in 3.3.

(a) at what price will she price herself out of the market, that is, have no customers at all?

en 3.3

x

x

t

she prices herself out of the market if she charges $200

for a chair.

3.3.

(b) how much should she charge to maximize her annual revenue?

n 3.3.

in 3.3.

she should charge $

to maximize her annual revenue,

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