Answer:
the new price of the t-shirt is $24.84
Step-by-step explanation:
The computation of the new price of the t-shirt is shown below
= Price of the t-shirt × (1 + increased percentage)
= $23 × (1 + 0.08)
= $23 × 1.08
= $24.84
Hence, the new price of the t-shirt is $24.84
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Widgets should be sold by $38.88 to maximize the profit.
Step-by-step explanation:
Vertex of a quadratic function:
Suppose we have a quadratic function in the following format:

It's vertex is the point 
In which


Where

If a<0, the vertex is a maximum point, that is, the maximum value happens at
, and it's value is
.
In this question:
The profit is given by:

Which is a quadratic function with 
The maximum profit happens at the x of the vertex. Thus

Widgets should be sold by $38.88 to maximize the profit.
Just start plugging in numbers for x and y and you will get a line
1 × 1010+3 × 109+4 × 108+0 × 107+0 × 106+0 × 105+0 × 104+0 × 103+0 × 102+0 × 101+0 × 10<span>0
</span>