Asked by Michael
Given that the cost of cleaning π₯ windows is 10πΆ(π₯) = π₯ + 250 and it is found that the demand for cleaning services is π + 0.01π₯ = 10. How much per service should be charged to maximize the profit?
I got 2 large x decimal points which i dont think is correct.. can anyone help with this question?
I got 2 large x decimal points which i dont think is correct.. can anyone help with this question?
Answers
Answered by
oobleck
what is p? Is it the demand?
I can't make sense of this, but you know that
profit = revenue - cost
revenue = price * demand
So when you figure those out, just find where the derivative of
price * demand - cost = 0
and I sure can't figure out what you mean by "2 large x decimal points"
I can't make sense of this, but you know that
profit = revenue - cost
revenue = price * demand
So when you figure those out, just find where the derivative of
price * demand - cost = 0
and I sure can't figure out what you mean by "2 large x decimal points"