anonymous
  • anonymous
A deli sells 640 sandwiches per day at $8 each. A) a market survey shows that for every $0.10 reduction in price, 40 more sandwicheswill be sold. How much should the deli charge for a sandwich in order to maximize revenue?
Mathematics
chestercat
  • chestercat
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anonymous
  • anonymous
The topic of this section is optimization
nowhereman
  • nowhereman
Ah, now I know what you mean. Set-up the revenue as a function of the price. Then find local extrema of that function (using the derivation).
anonymous
  • anonymous
How would I do that

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