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Business, 24.02.2020 19:46 loll9416

The manager at Soul Walk Inc., a shoe manufacturing company, wants to set a new price (P) for a 3) shoe model to maximize total profit. The demand (D) as a function of price is represented as: D = 1,500 - 2.5P The total cost (C) as a function of demand is represented as: C = 3,200 + 3.5D Which of the following is a model for total profit as a function of price? A) (1,250 Γ— price) + (5 Γ— price2) - 8,320 B) [4521 + (4.5 Γ— price)] Γ— price - 9684.25 C) (1,508.75 Γ— price) - (2.5 Γ— price2) - 8,450 D) (3.5 Γ— price2) + 3,200 - (1925.50 Γ— price)

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The manager at Soul Walk Inc., a shoe manufacturing company, wants to set a new price (P) for a 3) s...
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