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Mathematics, 21.06.2019 12:30
Aschool typically sells 500 yearbooks each year for 50 dollars each. the economic calls does a project and discovers that they can sell 100 more yearbooks for every $5 decrease in price. the revenue for yearbook sales is equal to the number of yearbooks sold times the price of the yearbook. let x represent the number of $5 decrease in price. if the expression that represents the revenue is written in the form r(x)=(500+ax)(50-bx). to maximize profit, what price should the school charge for the yearbooks? what is the possible maximum revenue? if the school attains the maximum revenue, how many yearbooks will they sell?
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