Mathematics, 03.04.2021 05:30 ike9264
45 POINTS
1. 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
toy x.
Profit (in dollars)
169
150
140
130
120
110
100
90
80
zol
60
50
40
30
20
10
0
10
11
12
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
Answers: 3
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45 POINTS
1. Toy Universe is manufacturing a new toy and deciding on a price that will result in a<...
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