What is a 10% margin increase on 1,810.69?
1 answer:
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Answer:
846.06 units
Step-by-step explanation:
The amount of profit, y, made by the company, is related to the selling price of each widget, x, by the given equation as follows :
...(1)
We need to find out the maximum amount of profit the company can make.
For maximum profit put dy/dx = 0
So,
Put x = 22.87 in equation (1). So,
So, the maximum profit is 846.06 units.