What is the equation of the graphed line written in
1 answer:
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Answer:x=20
Step-by-step explanation:
Given
selling Price of Toy is x dollars
he can sell 40-x toys each week
Thus Revenue Generated from selling 40-x toys at x dollar can be given by
To get maximum Revenue differentiate R with respect to x and equate it to 0
therefore
thus for maximum Revenue owner sells 20 toys each week
Max Revenue