Toy Universe is manufacturing a new toy and deciding on a price that will result in a
maximum...
Mathematics, 25.02.2020 16:44 realpcy7515
Toy Universe is manufacturing a new toy and deciding on a price that will result in a
maximum profit. The graph below represents profit P generated by each price of a
foy
Profit (in dollars)
Price of Toy (in dollars)
Part A: If the company wants to make a maximum profit, what should the price
of a new toy be?
Part B: What is the minimum price of a toy that will produce profit for the
company? Explain your answer.
Part C: Estimate the value of P(10) and explain what the value means in the
problem and how this may be possible.
Part D: If the company wants to make a profit of $137, for how much should
the toy be sold?
Answers: 3
Mathematics, 22.06.2019 03:30
Atown recently dismissed 5 employees in order to meet their new budget reductions. the town had 5 employees over 50 years of age and 19 under 50. if the dismissed employees were selected at random, what is the probability that exactly 2 employees were over 50? express your answer as a fraction or a decimal number rounded to four decimal places.
Answers: 1
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