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Mathematics, 05.12.2020 01:20 mikailah0988

A baseball cap kiosk at the mall sells about 80 hats a day at a price of $24 each. For each $1.00 increase in price, the store expects to sell 2 less hats per day.

a. Write a quadratic function that models the revenue from the hat sales.

b. Should the store change the price of the hats to maximize revenue? If no, explain why not. If yes,
what price should they charge? What will the maximum revenue be of they make this change?

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Answers: 3

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A baseball cap kiosk at the mall sells about 80 hats a day at a price of $24 each. For each $1.00 i...
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