40.00 for premium - 15.00 more than standard
40-15=35.00 for standard
Combination Formula: (n = distinct objects, r = how many you pick) n!/(r!(n-r)!
So n = 7, r = 5
n! = 7! = 5040
R! = 5! = 120
(n-r) = 2! = 2
120*2=240
5040/240 = 21
21 combinations!
Answer:

In order to maximize the last equation we can derivate the function in term of x and we got:

And setting this derivate equal to 0 we got:

And solving for x we got:

And for this case the value that maximize the profit would be x =95 and the corresponding profit would be:

Step-by-step explanation:
For this case we have the following function for the profit:

And we can rewrite this expression like this:

In order to maximize the last equation we can derivate the function in term of x and we got:

And setting this derivate equal to 0 we got:

And solving for x we got:

And for this case the value that maximize the profit would be x =95 and the corresponding profit would be:

It moves in a horizontal line. Its 'y value' does not change.