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February 1, 2015

February 1, 2015

Posted by **Roseanne** on Tuesday, October 23, 2012 at 9:01pm.

(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 $200 for use of the Student Center. Find the weekly profit P as a function of the unit price x. HINT [See Example 4.]

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?

$

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