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April 18, 2014

April 18, 2014

Posted by **Jane** on Tuesday, February 21, 2012 at 1:39pm.

(a) Based on this information, construct a linear demand equation for Yoda vs. Alien T-shirts, and hence obtain the weekly revenue R as a function of the unit price x.

R(x)=

(b) The university administration charges the fraternities a weekly fee of $500 for use of the Student Center. Find the weekly profit P as a function of the unit price x.

P(x)=

Determine how much the fraternities should charge to obtain the largest possible weekly profit.

x = $___ per T-shirt

What is the largest possible weekly profit?

How do I determine which formula to use and how to solve it?

Thank you.

- Algebra -
**Steve**, Tuesday, February 21, 2012 at 6:58pmDo this one just like the previous problem by "Erin".

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