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Finger [1]
3 years ago
15

??? i dont know plz tell me a b or c or d thxxx

Mathematics
1 answer:
konstantin123 [22]3 years ago
6 0

Answer:

A

Step-by-step explanation:

Not 100% sure, been a while since i did this stuff but i think A is correct

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a gift shop sells 160 wind chimes per month at $150 each. the owners estimate that for each $15 increase in price, they will sel
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Answer:

The price per wind chime that will maximize revenue = $ 315

Step-by-step explanation:

Given - A gift shop sells 160 wind chimes per month at $150 each. the owners estimate that for each $15 increase in price, they will sell 5 fewer wind chimes per month.

To find - Find the price per wind chime that will maximize revenue.

Proof -

Given that,

Total Wind chimes selling = 160

Price of each Wind chime = $150

Now,

Given that, for each $15 increase in price, they will sell 5 fewer wind chimes per month.

So,

Let the price = 150 + 15x

So,

Number of wind Chimes sold per month = 160 - 5x

So,

Total Revenue, R = (150 + 15x)(160 - 5x)

                             = 24000 - 750x + 2400x - 75x²

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Differentiate R with respect to x , we get

R'(x) = 1650 - 150x

Now,

For Maximize Revenue, Put R'(x) = 0

⇒1650 - 150x = 0

⇒150x = 1650

⇒x = 1650/150

⇒x = 11

∴ we get

Price per Wind chime = $ 150 + 15(11)

                                    = $ 150 + 165

                                    = $ 315

So,

The price per wind chime that will maximize revenue = $ 315

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