Mathematics, 20.10.2020 21:01 shestheone715
An automobile dealer can sell 12 cars per day at a price of $16,000. He estimates that for each $300 price reduction he can sell two more cars per day. If each car costs him $13,000, and fixed costs are $1000, what price should he charge to maximize his profit? How many cars will he sell at this price?
Answers: 3
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An automobile dealer can sell 12 cars per day at a price of $16,000. He estimates that for each $300...
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